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ASTM-E2858 2012

$35.75

E2858-12 Standard Practice for Sales of Personal Property

Published By Publication Date Number of Pages
ASTM 2012 3
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ASTM E2858-12

Historical Standard: Standard Practice for Sales of Personal Property

ASTM E2858

Scope

1.1 This practice encompasses how assets may be sold.

1.2 Sales of assets may be done when assets used by the entity are no longer required, or to sell assets acquired for the purpose of sale or re-sale. The objectives of a sale will vary by entity; for instance, the goal may be to facilitate the replacement of assets, to obtain needed funds from sales proceeds, or simply to remove assets from the entityā€™s control and management.

1.3 This practice does not include sales requirements or restrictions specific to any regulatory body or the various levels of government in which an entity operates. However, this practice provides the entity options for flexibility to best integrate those external requirements.

1.4 This standard does not purport to address all of the safety concerns, if any, associated with its use. It is the responsibility of the user of this standard to establish appropriate safety and health practices and determine the applicability of regulatory limitations prior to use.

Keywords

auction; bid; bidding; lotting; sale; terms and conditions

ICS Code

ICS Number Code 03.100.20 (Trade. Commercial function. Marketing)

DOI: 10.1520/E2858-12

ASTM-E2858 2012
$35.75