Auction
Auctions are organized enterprises (firms) that specialize in their conduct. For example, auctions, organized by the joint-stock companies, cooperatives, associations, etc. Auctions are held companies for which tenders are not the main activity, but the statute provides for the right to conduct them. This organizational form include auctions conducted by exchanges, salons artists, museums, permanent exhibitions, trade organizations and enterprises, etc.
The main "actors" auction are: the owner of property - the seller - the organizer of the auction - the buyer. Auction auctioneer conducts empowered to ad prices during the auction. Auction sales organization as a form of cash and other valuables on the principle of "who is more" are trademarks and currency. The auction of goods sold works of art, jewelry, furs and other unique, rare and enjoying high demand goods and other valuables. Auctions are on the rise or fall in prices in a vowel or a silent form.
In the so-called vowel auction to raise prices begin trading after the announcement of the minimum price set by the seller. After that buyers make voluntary allowances (naddachi) by an amount not less than the minimum premium specified in the rules of bidding before the final purchase price, which shall terminate after the third strike auctioneer's hammer and transparent ad rates of the buyer and the final price. The initial price is determined in the contract between the organizer of the auction and the owner of the goods.