Docklands Solicitor
Latest legal news from Docklands Solicitors, Kaslers Solicitors LLP.
Thursday, 4 June 2009
Auctioneers liability
If an item is sold at auction and it is then discovered to be worth much more, the auctioneer may well be liable. This is because he was supposed to have exercised the degree of skill and care expected of him. However, he should be judged according to whether he is a specialist or non-specialist in the category of goods concerned. In other words, a higher degree of skill and care will be expected of, say, Sothebys than from a non-specialist out-of-London general auctioneer.
Labels: Auctioneer, liability
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