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2. Auction - Wikipedia

   en.wikipedia.org/wiki/Auction

   The silent auction is a variant of ... In the United Kingdom this practice is legal on property auctions up to ... They announce the rules of the auction and the ...

3. Dutch auction - Wikipedia

   en.wikipedia.org/wiki/Dutch_auction

   Dutch auctions are all sellers' bidding auctions, also known as silent auctions, which can be divided into two types. Manual silent auction is an early traditional form of price reduction auction, in which the auctioneer first publicly quotes the highest price, and then the bidders respond accordingly. In the event of a price that no one bids ...

4. Uniform Commercial Code - Wikipedia

   en.wikipedia.org/wiki/Uniform_Commercial_Code

   The official 2007 edition of the UCC. The Uniform Commercial Code (UCC), first published in 1952, is one of a number of uniform acts that have been established as law with the goal of harmonizing the laws of sales and other commercial transactions across the United States through UCC adoption by all 50 states, the District of Columbia, and the Territories of the United States.

5. Auction sniping - Wikipedia

   en.wikipedia.org/wiki/Auction_sniping

   However, online auction sites, unlike live auctions, usually have an automatic bidding system which allows a bidder to enter their maximum acceptable bid. This is a hidden or proxy bid, known to the system, but not any other bidders; during the auction the actual bid is incremented only enough to beat the existing highest bid. For example, if ...

6. Posting system (KBO) - Wikipedia

   en.wikipedia.org/wiki/Posting_system_(KBO)

   Under this system, when a KBO player is "posted," MLB holds a four-day-long silent auction during which MLB teams can submit sealed bids in an attempt to win the exclusive rights to negotiate with the player for a period of 30 days. If the KBO team accepts the winning bid, then the player is free to negotiate with the highest-bidding MLB team.

7. Category:Auction case law - Wikipedia

   en.wikipedia.org/wiki/Category:Auction_case_law

   Pages in category "Auction case law" The following 11 pages are in this category, out of 11 total. ... Mock Auctions Act 1961; P. Payne v Cave; T. T 258/03;

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9. First-price sealed-bid auction - Wikipedia

   en.wikipedia.org/wiki/First-price_sealed-bid_auction

   A first-price sealed-bid auction (FPSBA) is a common type of auction. It is also known as blind auction. [1] In this type of auction, all bidders simultaneously submit sealed bids so that no bidder knows the bid of any other participant. The highest bidder pays the price that was submitted. [2]: p2 [3]