Examlex
Which country currently practices authoritarian capitalism?
Sale of Goods
A transaction between two parties where the seller transfers ownership of tangible personal property to the buyer for a price.
Auction Without Reserve
An auction at which the auctioneer cannot withdraw goods unless no bid is made within a reasonable time.
Auctioneer
A person who conducts sales at auctions by accepting bids and declaring goods sold.
Highest Bid
The highest price offered by a bidder at an auction or in a competitive bidding process.
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