anonymous bidding
Sealed or not, if the bid was offered and it was accepted, yes, it is legally binding.
Bid can be a noun or a verb. As a noun "He sealed his bid." As a verb "He bid on the auction."
Offer by government
you bid
The past perfect is formed with - had + past participle.The past participle of bid is bid -- (this is bid as in bid at an auction).He had bid a large amount for the painting.
bid... it's the same word in the present tense Answer: * The infinitive form is to bid - "I want to bid on the item." * Present tense is bid - "We bid what we can." * Past tense is bid - "They bid $500,000 and got the house." * Present participle is bidding - "He is bidding them farewell." * Past participle is bid - "I have bid all I can afford." (Helping verb required)
The bidding process involves sealed bids in advance of a closing date. The highest bid is legally binding. This is unlike the situation in England, where nothing is binding until contracts have been exchanged.
James L. Smith has written: 'The competitive pricing response in sealed-bid auction markets' -- subject(s): Mathematical models, Letting of contracts, Auctions
There is no difference. Bid securities can come in different types. A bid bond is just one type of bid security.
A bid in bridge replying to a partner's bid or double is a "response".
Will bid.
bid