How to buy and sell goods and services at an auction What is meant by auction?
A process called an auction process is used to buy or sell products and services by putting them up for bid. They are allowing others to sell the item through bidding.
In an auction, bidders compete directly with each other, with each new bid higher than the previous bid. An auctioneer will place a relatively low opening bid when an item is offered for My Auction Sheet...
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