Barry v Davies, Facts, Issue, Decison, Important Points

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Decision:

The Decision came in the favour of the claimant as it was held that there was a collateral contract between the highest bidder and the auctioneer.

 As when the auction was being held by the auctioneer without a reserve price it constituted an offer, and the when there was an highest bid that constituted as an acceptance to that offer.

As the claimant was awarded with damages, because the consideration was in the form of detriment that he suffered when auctioneer took out his bid, And sold the machine at a higher price

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