Legal Question in Business Law in Utah
Auctions
I have a question that has been on my mind for days now and I'm hopeing that you can help me with it.
I recently bought a truck at an auction, it runs fine and has no real problems, but I was wondering if it would be legal to sell it for it's blue book value if I only payed a tenth of it's value.
Asked on 5/26/03, 5:59 pm
1 Answer from Attorneys
Alvin Lundgren
Alvin R. Lundgren, L.C.
Re: Auctions
If you are the legal and rightful owner of the truck you can sell it for as much (or little) as you like.
Answered on 5/26/03, 11:18 pm
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