In theoretical mathematics, if A = B and B = A, then A and B are the same thing, thus this question posed here about absolute auctions....

This does happen also, but not nearly as often as a buyer not performing. What we have in this case is a seller who, after the...

When an auctioneer says, “I have $10, and I’d like $15,” he is stating that he currently has his seller in contract with a particular...