 | Edward Burtenshaw Sugden - Vendors and purchasers - 1818 - 862 pages
...knocked down (z°) : because the assent of both parties is necessary to make the contract binding ; that is signified, on the part of the seller, by knocking down the hammer. An auction is not unaptly called locus pcenitenticc. Every bidding is nothing more than an offer on... | |
 | Edward Burtenshaw Sugden - Estates (Law) - 1822 - 1028 pages
...knocked down (i) ; because the assent of both parties is necessary to make the contract binding ; that is signified, on the part of the seller, by knocking down the hammer. An auction is not unaptly called locus pcenitentitf. Every bidding is nothing more than an offer on... | |
 | Nathan Dane - Law - 1823 - 728 pages
...agent of the vendor, and the assent of both parties is necessary to make the contract binding, and that is signified on the part of the seller by knocking down the hammer." § 9. The auctioneer is liable to the action of the highest i mp . MP bidder for the deposit, where... | |
 | Samuel Comyn - Contracts - 1824 - 680 pages
...agent of the vendor, and the assent of both parties is necessary to make the contract binding; that is signified on the part of the seller by knocking down the hammer, which was not done here till the defendant had retracted. An auction is not unaptly called locus peenitentiee.... | |
 | Richard Babington - Auctions - 1826 - 300 pages
...agent of the vendor, and the assent of both parties is necessary to make the contract binding ; that is signified on the part of the seller by knocking down the hammer, which was not done here till the defendant had retracted. An auction is not unaptly called locus penitentia.... | |
 | Edward Burtenshaw Sugden - Real property - 1829 - 216 pages
...actually knocked down ; because the assent of both parties is necessary to make the contract binding; that is signified on the part of the seller by knocking down the hammer. Every bidding is nothing more than an offer on one side, which is not binding on either side till it... | |
 | Charles Petersdorff - Law - 1830 - 566 pages
...agent of the vendor, and the assent of both parties is necessary to make the contract binding. That is signified on the part of the seller by knocking down the hammer, which was not done here till the defendant had retracted. Therefore, as every bidding is "ere a nothing... | |
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The auctioneer is the agent of the vendor, and the assent of both parties is necessary to make the contract binding ; that is signified on the part of the seller by knocking down the hammer, which was not done here till the defendant had retracted. An... 
