SOLVED: Sealed-bid auction: In a sealed-bid auction, everyone submits a bid simultaneously without seeing anyone else's bid (for example, by submitting each bid in a sealed envelope), and the highest bidder wins. The price the winner pays depends on whether it is a first-price auction or a second-price auction. In a first-price auction, the winner pays their own highest bid. Governments often use this type of auction. In a second-price auction, the winner pays the amount bid by the second-highes
SOLVED: Sealed-bid auction: In a sealed-bid auction, everyone sub…
Feb 7, 2022
numerade.com
Minimum Bid: $1,193.00 Assessed Value: $22,000 PROPERTY TAX SALE BY TENDER Municipality of the District of Shelburne, NS AAN: 01756478 PID: 80113285 JORDAN BRANCH RD JORDAN BRANCH LAND Lot Size: 35,520 sqft Minimum Bid: $1,193.00 Assessed Value: $22,000 Redeemable Tenders shall be submitted in a sealed envelope, addressed to the undersigned and shall be clearly marked on the outside of the envelope “MUNICIPALITY OF SHELBURNE PROPERTY TAX SALE BY TENDER”. Bidders shall complete the “Tender Form”
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