Prepare the terms and conditions of sale document that the auction house would send to the public and any prospective buyers.

A famous auction house is one of your firm’s client’s. They have a rare Chinese soapstone fi gurine to offer, which dates back to the Ming Dynasty. Since this is an unusual situation, the auction house wants to be sure that the prospective buyers know the terms and conditions of the sale. Prepare the terms and conditions of sale document that the auction house would send to the public and any prospective buyers. Be creative.

Charleston Galleries specializes in finding new and up-and-coming artists. Th ey discovered this artist who called himself, “Tuley” who mainly works in glass. Th e Gallery wanted to off er some of his work, but could not pay for them outright. Tuley off ers to send 10 pieces on consignment. After three months in the gallery, only fi ve pieces sold. Charleston Galleries now wants to send back the fi ve pieces that did not sell. When Tuley opens the package, two of the glass pieces are cracked. Charleston Galleries says that the pieces were perfect when they were packed. How should Charleston Galleries have shipped the pieces to best protect their interests? Does Charleston Galleries have to pay for the damaged pieces of art? Explain your answers.

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