Ad
related to: auction sniper ebay bids and contracts download
Search results
Results From The WOW.Com Content Network
Auction sniping (also called bid sniping) is the practice, in a timed online auction, of placing a bid likely to exceed the current highest bid (which may be hidden) as late as possible—usually seconds before the end of the auction—giving other bidders no time to outbid the sniper.
Barry v Davies [2000] EWCA Civ 235, [2000] 1 WLR 1962 is an English contract law case which established and confirmed that auction goods being sold without a reserve must be sold to a genuine highest bidder. The principle is subject to exceptions based on illegality, such as illicit goods, a seller without the right to sell the goods, or a ...
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]
Proxy bidding is an implementation of an English second-price auction used on eBay, in which the winning bidder pays the price of the second-highest bid plus a defined increment. It differs from a Vickrey auction in that bids are not sealed ; the "current highest bid" (defined as second-highest bid plus bid increment) is always displayed.
A reverse auction is different in that a single buyer offers a contract out for bidding. (In an e-procurement arrangement this is done either by using specialized software or through an on-line marketplace.) Multiple sellers are invited to offer bids on the contract. In public procurement, time limits for the receipt of bids apply. [5] E ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
The auction started with a bid of 99 pence and reached 10 million pounds (US$17.28 million). However, singer Björk was "not included" in the sale. The notice read: "Located in the mid-Atlantic ridge in the North Atlantic Ocean, Iceland will provide the winning bidder with – a habitable environment, Icelandic Horses and admittedly a somewhat ...
It's your typical love story: boy meets girl, girl dumps boy, boy auctions off girl's vacation ticket on eBay. Who said romance is dead? Jake Dodridge, a 21-year-old IT tech from the UK, planned ...