An auctioneer has authority from a bidder at the auction, as well as from the seller, to bind both by a memorandum of the contract, as described in the Uniform Commercial Code [Title 14, GCA].
COL120106 CH.21 PARTICULAR AGENCIES
SOURCE: CC § 2363.
NOTE: Guam adopted the UCC, and replaced the Civil Code title on Sales with Division 2 of Title 13, GCA. This is part of the Uniform Commercial Code.
No §§ 2364-2366 existed in the Civil Code.
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