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Government property sold at public auction may include surplus government equipment, abandoned property over which the government has asserted ownership, property which has passed to the government by escheat, government land, and intangible assets over which the government asserts authority, such as broadcast frequencies sold through a spectrum auction.
In 1859, an auction master named Z. B. Oakes purchased Ryan's Mart and built the Old Slave Mart building as an auction gallery. The building's auction table was 3 feet (0.91 m) high and 10 feet (3.0 m) long and stood just inside the arched doorway. [3] In addition to enslaved people, the market sold real estate and stock. [4]
sc is a cross-platform, free, TUI, spreadsheet and calculator application that runs on Unix and Unix-like operating systems. It has also been ported to Windows. It can be accessed through a terminal emulator, and has a simple interface and keyboard shortcuts resembling the key bindings of the Vim text editor. It can be used in a similar manner ...
The generalized second-price auction (GSP) is a non-truthful auction mechanism for multiple items. Each bidder places a bid. The highest bidder gets the first slot, the second-highest, the second slot and so on, but the highest bidder pays the price bid by the second-highest bidder, the second-highest pays the price bid by the third-highest, and so on.
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]
The state auditor is appointed by the South Carolina State Fiscal Accountability Authority. [1] The current State Auditor is George L. Kennedy, who was appointed in 2015. [2] [3] The State auditor cannot be fired. [4] The State Auditor's office has a budget of $8,746,044 for the 2024 fiscal year, with the State Auditor being paid $165,872 ...
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[10] [21] In particular, the SFAA acquires insurance for state agencies and local governments, procures goods and services for the operations of state government, and oversees the construction and maintenance of state buildings. [22] [23] In addition, the SFAA appoints South Carolina's state auditor to serve at pleasure. [24] [b]