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Payne v Cave (1789) 3 TR 148 is an old English contract law case, which stands for the proposition that an auctioneer's request for bids is not an offer but an invitation to treat. The bidders make the offers which can be accepted by the auctioneer.
Pages in category "Auction case law" The following 11 pages are in this category, out of 11 total. ... Payne v Cave; T. T 258/03; Thwaytes v Sotheby's; Tse Kwong Lam ...
[6] [7] It is implicit from Payne v Cave (1789), [8] an early case concerning auctions, that each bid is deemed to expire when others make higher bids; but some auctioneers (such as eBay) have lawfully amended this presumption so that, should a higher bidder withdraw his bid, they may accept a lower one. [further explanation needed]
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Tinn v Hoffman (1873) 29 LT 271: "A rejection terminates an offer, so that it can no longer be accepted." The authority cited in Bonner Properties Ltd v McGurran Construction Ltd, a Northern Ireland case of 2008, is Tinn v Hoffman and Company (1873): In that case Mr Tinn was negotiating with the defendants for the purchase of some 800 tons of iron.
A man found frozen in a Pennsylvania cave in 1977 has finally been identified, closing the book on a nearly 50-year-long mystery. The Berks County Coroner’s Office identified the remains of the ...
Pages in category "1789 in case law" The following 2 pages are in this category, out of 2 total. ... Payne v Cave; S. Sprange v Barnard This page was ...
An Argentinian energy tycoon is among the three men slapped with manslaughter charges related to One Direction star Liam Payne's tragic Oct. 16 death, despite his insistence he did everything he ...