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Bidder

A Law Dictionary, Adapted to the Constitution and Laws of the United States · John Bouvier · 1839

A Law Dictionary, Adapted to the Constitution and Laws of the United States

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.