Question
Lilac A. Rugg is auctioning without reserve several valuable art pieces from her gallery. The last item, a painting by Yanni entitled Waxing the Car
Lilac A. Rugg is auctioning without reserve several valuable art pieces from her gallery. The last item, a painting by Yanni entitled Waxing the Car receives no offers for ten minutes. Lilac pulls the painting off and the following week one of the patrons who attended the auction is threatening to sue Lilac for not selling the painting. Will Lilac be liable? Why or why not?
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International Finance Transactions Policy And Regulation
Authors: Hal S. Scott
15th Edition
159941547X, 978-1599415475
