As used in this chapter:
(a) "Selling at auction" means the offering for sale or selling of personal property to the highest bidder, or the offering for sale or selling of such property by the method known as downhill selling.
(b) "Downhill selling" means the first offering of any article at a high price and then offering the same at successively lower prices until a buyer is secured.
(1979 Code Sec. 5.64.010)