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Joe was walking in a park and found a watch.He took it to the City's lost and found,but it was not claimed.Three years later,Joe went to this lost and found and asked for the watch and was told that it was a property of the City.Explain Joe's legal position in these circumstances.
Second Highest Bid
In an auction, the bid amount that is the next highest after the winning or highest bid.
Strategically Equivalent
Referring to actions, tactics, or strategies that yield the same outcome or effect, despite differing in approach.
English Auction
A bidding process where the price ascends and the highest bidder wins, commonly used in selling art, antiques, and collectibles.
Bidding Agents
Bidding agents are systems or software designed to automatically place bids on behalf of users or organizations, often used in online auctions or digital advertising platforms.
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