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auction market.See MARKET.[Blacks Law 8th]

auctioneer,n.  A  person  legally  authorized  to  sell  goods  or  lands  of  other  persons  at  public auction for a commission or fee. • The auctioneer is the property owner’s agent up to the moment when  a  purchaser’s  bid  is  accepted,  when  the  auctioneer  becomes  the  purchaser’s  agent.  — Formerly also termed  vendue  master. [Cases: Auctions and…

auction,n.  A  sale  of  property  to  the  highest  bidder.  •  Under  the  UCC,  a  sale  at  auction  is complete  when  the  auctioneer  so  announces in  a  customary  manner,  as  by  pounding  a  hammer. UCC § 2-328. — Also termed auction sale. [Cases: Auctions and Auctioneers    1. C.J.S. Auctions and Auctioneers § 3.] — auction,vb. auction…

A.U.C.abbr.AB URBE CONDITA.[Blacks Law 8th]

au  besoin  (oh  b<<schwa>>-zwan).  [French  “in  case  of  need”]  A  designation  in  a  bill  of exchange stating who is responsible for payment if the drawee fails or refuses to pay. • Au besoin is part of the phrase au besoin, chez Messrs. Garnier et DuCloux (meaning “in case of need, apply to Messrs. Garnier and…

Atwood  doctrine.  The  principle  that,  to  the  extent  an  ERISA  plan  and  its  summary-plan description  conflict  regarding  the  circumstances  under  which  benefits  may  be  denied,  the summary-plan description controls. Atwood v. Newmont Gold Co., 45 F.3d 1317 (9th Cir. 1995); 29  USCA  §  1022.  See  SUMMARY-PLAN  DESCRIPTION.  [Cases:  Pensions    47.  C.J.S. Pensions and Retirement Plans…

at-will tenancy.See tenancy at will under TENANCY.[Blacks Law 8th]

at-will employment.See employment at will under EMPLOYMENT.[Blacks Law 8th]

at  will.Subject  to  one’s  discretion;  as  one  wishes  or  chooses;  esp.  (of  a  legal  relationship), able to be terminated or discharged by either party without cause <employment at will>.[Blacks Law 8th]

attribution right.Copyright. A  person’s right to be  credited as a work’s author, to have  one’s name appear in connection with a work,  or to forbid the use of  one’s name in connection  with a work that the  person  did not create. • Attribution rights constitute  one aspect of the  moral rights recognized  primarily  in  civil-law …