This book is the first book to comprehensively and deeply explain
and construct the legal system of Chinese art auctions. Based on
agency theory in traditional contract law, this book combs the
legal relationship between client, auctioneer, and buyer. Aiming at
the most difficult problem of art identification, this book shows
the obligations that auctioneers must perform and the common
methods for auctioneers to avoid these obligations. The purpose of
this book is to ease the current situation in which the interests
of buyers and auctioneers are too opposed and speed up the
legalization process of art auctions through the construction of
the legal system of art auctions in China. Additionally, using the
method of policy demonstration, this book discusses how public
power should intervene in the process of art auctions.
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