can an auctioneer refuse a bid?
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In a with reserve auction, the auctioneer may refuse a higher bid (reserve the right to refuse …) where in a without reserve auction, any higher bid must be accepted. Said another way, in a with reserve auction, the auctioneer is not bound to sell to the highest bidder.
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The auction house purchases items and sells them to the highest bidder. ... In most states, the seller or their agent (which can certainly include the auctioneer) may be allowed to bid on behalf of any minimum reserve prices set by the seller, as long as “SUCH BIDDING IS DISCLOSED” to the bidders.
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Who can attend an auction? All of Sotheby's auctions are free and open to the public, and there is no obligation to bid. Most auctions are held during the day, except for occasional evening sales, which require tickets. You may also watch our auctions online.
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Just because a new-build property is new, it doesn't mean the asking price is non-negotiable. That's right, you can make an offer in the same way you would if you were buying an older property. Of course, it's up to the developer if they wish to accept a lower offer or politely decline it.
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A Starting Bid is the least amount a bidder is allowed to bid in an auction, and is the price at which the bidding starts. If an auction has a Starting Bid and no Reserve Price, the high bidder on the item will win the item when the listing ends. ... A Reserve Price is the least amount you are willing to sell the item for.
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Blocked buyers can still see your eBay listing, but they cannot place a bid, make an offer, or use the Buy It Now option.
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How Bidding Works. When you place a bid, you enter the maximum amount that you're willing to pay for the item. (You won't necessarily pay the amount of your maximum bid.) ... eBay will keep bidding for you until bidding reaches your maximum amount.
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Only those who have a dealer's license can attend these auctions. This is where either new or almost new cars are sold. ... Cars are listed with a starting price. If you are interested in a car, after inspecting it, you can set your maximum bid and once the car hits the floor and comes up at auction you start bidding.
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Selling or offering to sell tickets statewide is prohibited. The term statewide has not been defined or interpreted in any known court proceeding or Attorney General Opinion, but it is generally thought that statewide would include the Internet.
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All bids are placed in order from high to low on an item's product page. You can select the number of days until a bid expires: 1, 3, 7, 14, 30, or 60. We'll send an email when your Bid is about to expire so you can renew it or let it go. You can also cancel or update your bid anytime before an Ask meets it.
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Generally, advertisements, catalogs, brochures, and announcements to the public related to the sale of merchandise at a specified price are not considered offers to enter into a binding contract. Rather, they are considered invitations to make a deal.
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Reselling Olympics tickets. > not allow the resale of Olympic tickets.
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Automatic bidding is the easiest way to bid on an eBay auction. Simply enter the highest price you're willing to pay for an item, and we'll do the rest. Once you set up automatic bidding, you can stay ahead of the competition for an item without needing to be on the eBay site.
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Refusal to concede Concession is entirely optional, and candidates sometimes refuse to concede defeat despite the vote count being against them, especially if they suspect electoral fraud. In that case, the candidate would likely demand a recount of the votes or other investigations into the alleged fraud.
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In most states, the seller or their agent (which can certainly include the auctioneer) may be allowed to bid on behalf of any minimum reserve prices set by the seller, as long as “SUCH BIDDING IS DISCLOSED” to the bidders. This is also the primary difference between “shilling” and “protecting the reserve”.
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HMRC may refuse requests for a payment plan, if it appears that such requests are being made routinely, year after year. ... The BPSS can agree a payment arrangement in advance, which may be easier than negotiating with DM after a demand is received.
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In an auction-style listing, sellers name a starting price and you bid against other buyers. You can watch the item to see how the bidding is going. When the listing ends, the highest bidder wins the item and completes the purchase. Remember, a bid is considered a binding contract.