For example, an auctioneer saying, “Somebody start me out at $500,000 …” is a suggestion — an invitation to offer $500,000. If a bidder...

They market real and personal property and then coordinate the realization of the highest bid generally through a competitive manner....

With a large estate auction near Rachel’s home scheduled for next Saturday, Rachel calls Chris to see if he can return home. He can. The...

Simply put, bidders offer an amount to the auctioneer and the auctioneer then accepts the offer if it exceeds the prior bid amount. Bids...