« Older Entries

Differences in the Types of Auctions That Take Place Around the World

Auctions are those events where properties or goods are sold to the highest bidder. Auctions are mostly public events, where bidders make a series of bids and purchase a particular item for a high price. During auctions, bidders decide the price of an item rather than the seller. It depends on bidders to decide the amount they would want to pay for a specific item. During an auction, a bid is a proof of a legal binding. Bidders agree to pay the amount that they have bid. In a high profile auction, bidders may have to pay a deposit in escrow accounts or give a proof that they can pay for those items.

Types of Auctions:

Different types of auctions take place around the world. Below mentioned are some types of auctions:

1. English auction:
This is a basic type of auction. In this type, people can see the item and then start bidding. Bidders slowly raise the value of their bid until everyone gives up. The highest bidder is the winner. An auctioneer manages an auction, keeps records of the on going bid and decides the winner. Sometimes, the seller will quote a minimum amount for an item to the auctioneer, below which the auctioneer cannot sell that item.

2. Dutch auction:
In this type, the auctioneer sets a particular price and then gradually lowers the price. People in public will start bidding and later decide which prices are suitable for the item. A seller may use this type of auction to sell large quantities of same products to the public. For instance, a seller may want to sell a large amount of hay and will thus, decide to sell this hay to people for the same amount, once a reasonable price is decided.

3. Silent auction:
In this type, the bidders in public will present their bids in a sealed format. These sealed bids open at the same time and bidder with the highest bid wins. There could be a modification in this type of auction. The bidders are allotted a specific period to bid. They can roam in a room displaying the items, and write their bids on an associated sheet of paper. The bidders are allowed to see bids of other bidders and can choose a higher price for an item. At the end of the allotted time, bidder with the highest bid is the winner.

Examples of Auctions:

Auctions can be of two types either public or private. Sellers may trade any kind of items in both types of auctions. Some areas where auctions take place are:

1. Antique auction: An antique auction consists of a trade opportunity as well as provides entertainment.

2. Collectable auction: In a collectable auction, the seller may put up collectables like coins, vintage cars, luxury, stamps, real estate, and luxury for sale.

3. Wine auction: In wine auction, bidders can bid for rare wine, which may not be available in retail wine shops.

4. Horse auction: Bidders can bid for young horses of the best breed.

5. Livestock auction: In livestock auction, bidders can buy pigs, sheep, cattle, and other livestock.

The other examples of auctions may not be public. These auctions are for bidders from corporate levels. Some examples of private auctions are:

1. Timber auction
2. Spectrum auction
3. Electricity auction
4. Debit auction
5. Environmental auction
6. Auto auction
7. Electronic market auction
8. Sales of business auction

Bidders in an auction need to examine the items displayed and decide an appropriate price for an item. Thus, auctions help buyers in getting the best deals and in gaining better profits for sellers.

Tags:

Finding a Prosperous Home Based Business

Nowadays, people are searching for different ways to start a prosperous home based business and they prefer to do the home based franchising. Franchises are available from a zero start investment to thousands of dollars. These types of franchises might include the special retail franchises, vending franchises, material repair and maintenance and other forms of options to be considered.There are websites that will cater the resources in order to get more information on the franchising industries. Using the online home based businesses; most people find it effective that is why it is the popular choice in the industries based in their local residence. Some of the categories that will fall on this type include consulting companies, EBay businesses, companies that sell products or other forms of services on the internet, and other types of prosperous home based business on the web.Product sales are among the common transactions done by their local home residences. Examples of this form of small business that are home based are Sara Lee, Avon, Tupperware, Pampered Chef, Mary Kay, and others. Having a good personal relationship towards and natural salesperson to some of your friends and contacts could contribute to the home based business on you.One of the prosperous home based business is publishing. As long as you have a good writing skills, you can earn money simply by writing books online and sell them. There are lots of freelancing websites that offer writers to write some articles and eBooks and then this is to be sold online or make some profits through advertisements. Visit some resource sections on some of this websites and know some information on how to join and write for them.You can also join consulting type as a way to prosperous home based business as long as you have some business skills. Many small time industries cannot afford some marketing staff or technology department and other things. So using the consulting process could be a helpful way to start since it is also a popular choice.

Tags:

Types of Hepatitis

Hepatitis is a disease taking on many forms which feature inflammation of the liver. The cause is depended on the prognosis and on the symptoms shown. Certain forms of hepatitis are unable to reveal many signs or symptoms and are only noticeable when the longstanding inflammation has led to the replacement of liver cells by connective tissue. General symptoms of hepatitis are noticed by fever, enlarged liver, abdominal pain, and jaundice (icterus).

Viral infections are the cause of most acute Hepatitis [http://www.hepatitisattack.com]. Hepatitis comes in 7 not so delicious flavours: Hepatitis A, B, C, D – Agent (which requires the presence of the hepatitis B virus to form), Hepatitis E, F, and G. None of these are very yummy, and should be avoided at all costs.

The most common of the 7 is Hepatitis A. It is transmitted through the orofecal route, or in other words, contaminated food. This one is the easiest to contract, but it does not reach a chronic stage, so the body is able to build up an immunity against it by creating antibodies. An excellent preventative measure is to get a Hepatitis A vaccination. This will prevent infection of the virus.

Hepatitis has a close brother – Hepatitis B. This evil twin is also very easy to contract. you can get it through blood, tattoos, sexually, and you can even inherit it from your mother when you are born. Hep. B can be acute, however, some peoples’ bodies are unable to produce antibodies against it, thus turning an acute virus into a chronic one.

The easiest way to avoid contracting Hepatitis is simple cleanliness and vaccinations. click the link to my website at the bottom for more information on all forms of Hepatitis.

Feel free to reprint this article as long as you keep the article, this caption and author biography in tact with all hyperlinks.