What is the purpose of a notice of sale?

The purpose of a notice of sale is to provide essential information about an upcoming auction. This notice typically includes details such as the date and time of the auction, location, items up for bid, and any specific terms or conditions that bidders need to know. It serves as a communication tool to inform potential bidders about what to expect and how to participate in the auction. By outlining these details, the notice helps to generate interest and ensure that bidders are well-prepared.

The other options do not align with this purpose: canceling an auction is not the function of a notice of sale, nor does it summarize results after an event has occurred or confirm the sale of items after an auction has already taken place. Each of those actions requires different types of documentation or communication.