Brazil — Historical Events Description

Brazil flag
Brazil
Event
Regulation of Auctioneer Profession (Decree No. 21,981)
Category
Economic
Date
1932-10-19
Country
Brazil
Description

This approves the regulation for the profession of leiloeiro (auctioneer) nationwide. The decree set formal rules for how auctioneers operate and how the profession is supervised. It helped standardize commercial auctions and professional requirements across Brazil. This is relevant for trade and commerce because auctions are used for sales of goods and other legal processes.