luat thuong mai

Article 322 sanctioning of administrative violations

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Unformatted text preview: organizing service charges according to Article 211 of this Law. Article 193.- Goods auction- organizing service contracts 1. Goods auction organizing service contracts must be made in writing or in other forms of equivalent legal validity. 2. In cases where auctioned goods are objects of pledges or mortgages, goods auction organizing service contracts must be approved by pledgees or mortgagees, and sellers shall have to notify auction participants of the pledged or mortgaged goods. 3. If the auction is agreed upon in pledge or mortgage contracts but pledgors or mortgagors are absent without plausible reasons or refuse to enter into goods auction organizing service contracts, such contracts shall be entered into between pledgees or mortgagees and auction organizers. Article 194.- Determination of reserve prices 1. Goods sellers must determine reserve prices. In cases where auction organizers are authorized to determine reserve prices, goods sellers must be notified thereof before auctions are posted up. 2. In cases where auctioned goods are objects of pledges or mortgages, pledgees or mortgagees must reach agreements with pledgors or mortgagors on the determination of reserve prices. 3. If the auction is agreed upon in pledge or mortgage...
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This document was uploaded on 03/01/2014.

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