Examlex
The idea of community justice is very:
Low-Value
Refers to products, services, or transactions that possess minimal worth in terms of price, importance, or usefulness to the buyer.
Second-Price Auction
A bidding process where the highest bidder wins but pays the second-highest bid price.
Vickrey Auction
A sealed-bid auction where the highest bidder wins but pays the second-highest bid price.
Sealed Bid
A method of auction where all bids are submitted confidentially, with the highest bidder winning.
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