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· 2/9/1996

Marten v. Staab

Citations

  • 543 N.W.2d 436
  • 249 Neb. 299
  • 1996 Neb. LEXIS 24
  • 1996 WL 50756

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • reasoning that even if auctioneer accepted the high bid, “his acceptance would not be enough to form a contract for the sale of the lands” where auction’s terms and conditions reserved right for approval by probate court
  • adopting prevailing common-law rule “that ‘all auctions are presumed to be with reserve’” absent contrary express terms (quoting Cuba v. Hudson & Marshall, 445 S.E.2d 386, 387 (Ga. Ct. App. 1994))
  • “[A]ll auctions are presumed to be with reserve unless they are expressly stated to be without reserve.” (cleaned up)
  • “A third-party beneficiary’s rights depend upon, and are measured by, the terms of the contract between the promisor and promisee.”
  • “In order to determine whether a contract was formed at the auction, it is necessary to identify the type of auction that occurred.”

Source: CourtListener parenthetical corpus (CC0).

Judges: White, Caporale, Fahrnbruch, Lanphier, Wright, Connolly, Gerrard

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.