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Michigan Compiled Laws, Chapter 446. Business Regulation § 446.57

Current as of January 01, 2025 | Updated by Findlaw Staff

Sec. 7. “New merchandise” as used in this act shall mean all merchandise not previously sold at retail. “Auction sale” as used in this act shall mean the offering for sale or selling of personal property to the highest bidder, or offering for sale or selling of personal property at a high price and then offering the same at successive lower prices until a buyer is secured.

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Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 446. Business Regulation § 446.57 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-446-business-regulation/mi-comp-laws-446-57/

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