Examlex
Which term refers to a fruit that develops from several ovaries in a single flower?
Oral Auctions
A traditional auction in which bids are made by participants aloud in the presence of an auctioneer.
First-Price
Refers to an auction format in which the highest bid wins, and the winner pays the amount they bid.
Bid-Rigging
A form of fraud in which a commercial contract is promised to one party even though for the sake of appearance several other parties also present a bid.
First-Price Auctions
An auction format in which the highest bidder wins and pays the amount of their bid.
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