An auctioneer in the absence of special authorization or usage to the contrary, has authority from the seller, only as follows: (1) To sell by public auction to the highest bidder; (2) To sell for cash only, except such articles as are usually sold on credit at auction; (3) To warrant in like manner with other agents to sell, the title, quality, and quantity of personal property; (4) To prescribe reasonable rules and terms of sale; (5) To deliver the thing sold, upon payment of the price; (6) To collect the price; and (7) To do whatever else is necessary, or proper and usual, in the ordinary course of business, for effecting these purposes.
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