mock auction
mock auction
an auction where items are given away or the right to bid is restricted to persons who have bought or agree to buy goods or one where goods are sold to a person lower than his highest bid. It is an offence to organize such an event under the Mock Auctions Act 1961.Collins Dictionary of Law © W.J. Stewart, 2006
Copyright © 2003-2025 Farlex, Inc
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.