Bidder

One who offers to purchase an article offered for sale at a public auction BIELBRIEF (Ger.) In European Maritime Law. A document furnished by the builder of a vessel, containing a register of her admeasurement, particularizing the length, breadth, and dimensions of every part of the ship. It sometimes also contains the terms of agreement between the parties for whose account the ship is built, and the shipbuilder. It has been termed in English the "grand bill of sale;" in French, "contrat de construction ou de la vente d'un vaisseau," and corresponds in a great degree with the English, French, and American "register" (q. v.), being an equally essential document to the lawful ownership of vessels. Jac. Sea Laws, 12, 13, and note. -^In the Danish Law. Used to denote the contract of bottomry. BIENS (Fr. goods). Property of every description, except estates of freehold and inheritance. Sugd. Vend. 495; Co. Litt. 118b; Dane, Abr. In French Law. This term Includes all kinds of property, real and personal. Biens are divided into Mens meubles, movable property, and biens immeubles, immovable property. This distinction between movable and immovable property is recognized by them, and gives rise, in the civil as well as in the common law,> to many important distinctions as to rights and remedies. Story, Confl. Laws, § 13, note 1. 168 111. 636.

One who offers to pay a specified price for an article offered for sale at a public auction. Webster v. French, 11 111. 254;. one who offers to enter into a contract for work and labor, or supplying materials at a specified price. The bidder at an auction has a right to withdraw his bid expressly at any time before it is accepted, which acceptance is generally manifested by the fall of the hammer; Benj. Sales 50, 73; 3 Term 148; Doolin v. Ward, 6 Johns. (N. I.) 104; Bab. Auct. 30, 42; Blossom v. R. Co., 3 Wall. (U. S.) 196, 18 L. Ed. 43; Coker v. Dawkins, 20 Fla. 153; Nebraska Loan & Trust Co. v. Hamer, 40 Neb. 293, 5S N. W. 695; or the bid may be withdrawn by implication, as by an adjournment of the sale before the article under the hammer is knocked down; Faunce v. Sedgwick, 8 Pa. 40S. ers, to prevent a fair competition, would avoid the sale made to himself; 3 B. & B. 11G; Martin v. Ranlett, 5 Rich. (S. C.) 541, 57 Am. Dec. 770; Barnes v. Mays, 88 Ga. 606, 16 S. E. 67; Towle v. Leavitt, 23 N. H. 3G0, 55 Am. Dec. 105; Veazie v. Williams, 8 How. (U. S.) 134, 12 L. Ed. 1018. But there is nothing illegal in two or more persons agreeing together to purchase a property at sheriff's sale, fixing a certain price which they are willing to give, and appointing one of their number to be the bidder; Smull v. Jones, 6 W. & S. (Pa.) 122; National Fire Ins. Co. v. Loomis, 11 Paige Ch. (N. Y.) 431; Kearney v. Taylor, 15 How. (U. S.) 494, 14 L. Ed. 7S7; Veazie v. Williams, 3 Sto. 623, Fed. Cas. No. 16,907. See Auction; Auctioneer. The writ of mandamus will not lie to compel city authorities to award a contract to the lowest bidder, where, in the exercise of their discretion, they have decided that the faithful performance of the contract requires judgment and skill which he does not possess, notwithstanding his ability to furnish good security; Com. v. Mitchell, 82 Pa. 343.

One who offers to pay a specified price for an article offered for sale at a public auction. Webster v. French, ll 111. 254.

Defined under Bid in Black's Law Dictionary.

contracts. One who makes an offer to pay a certain price for an article which is for sale. The or other property, while being sold at an auction. - The bidder is required to act in good faith, and any combination between him and others, to prevent a fair competition, would avoid the sale made to himself. Till the bid is accepted, the bidder may retract his bid. Vide articles, Auction and Bid.