The Legal System of Art Auction in China (eBook)

This book is the first book to comprehensively and deeply explain and construct the legal system of Chinese art auctions. Based on agency theory in traditional contract law, this book combs the legal relationship between client, auctioneer, and buyer. Aiming at the most difficult problem of art identification, this book shows the obligations that auctioneers must perform and the common methods for auctioneers to avoid these obligations. The purpose of this book is to ease the current situation in which the interests of buyers and auctioneers are too opposed and speed up the legalization process of art auctions through the construction of the legal system of art auctions in China. Additionally, using the method of policy demonstration, this book discusses how public power should intervene in the process of art auctions.

Zhen Zheng is a distinguished Associate professor, master supervisor, associate department chair of the Law Department of USTB, assistant director of Legislative Affairs Office of USTB, and director of the Comparative Law Society of China Law Society. he is mainly engaged in cross-research of civil and commercial law, contract law, auction law, and new generation information technology.

From 2018 to 2019, he visited Taiwan University of Political Science, published a Chinese monograph with China Renmin University Press, and published more than 10 papers in Taiwan's top academic journals at home and abroad, such as the review of law of Zhengda and the Journal of Tsinghua University.

 

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This book is the first book to comprehensively and deeply explain and construct the legal system of Chinese art auctions. Based on agency theory in traditional contract law, this book combs the legal relationship between client, auctioneer, and buyer. Aiming at the most difficult problem of art identification, this book shows the obligations that auctioneers must perform and the common methods for auctioneers to avoid these obligations. The purpose of this book is to ease the current situation in which the interests of buyers and auctioneers are too opposed and speed up the legalization process of art auctions through the construction of the legal system of art auctions in China. Additionally, using the method of policy demonstration, this book discusses how public power should intervene in the process of art auctions.