answersLogoWhite

0


Best Answer

A public auction refers to the selling or trading of items in a public setting. Anybody can attend and bid on the items up for auction and the profits are often to satisfy a judgement decided in court.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What does a public auction refer to?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the public sale property to the highest bidder?

auction


Is eBay auction thief legal?

Using the system you can get anywhere from 50-75% of eBay's cut on any auction that you refer a winning bidder to.


What determines if a car will be sold at public auction or a private sale after it is repossessed?

The LENDER. Lenders tend to have deals with auction companies. ALL repo'd cars go to auction, most of which are dealer only. You should be able to ask your bank where it went, then call that auction to see if it public or dealer only.


How can I access petitions filed in the Jackson County Courthouse for the sale of land at public auction?

How can I access petitions feiled in the Jackson County Courthouse for the sale of land at public auction?


What does the term 'auction rate security' often refer to?

The term, 'auction rate security' refers to a debt security that is sold through an auction. An auction rate security, or ARS, is a long term rate, that acts like a short one.


How long in AZ can you stay in home after public auction?

Oh no


What states require out of state dealer licenses in order to buy a vehicle at auction?

States have nothing to do with an auction choosing to be a dealer only auction or a public auction. Thus there is no state that "requires" a dealer licenses to buy at an auction. This a requirement of the auction if it chooses to be dealer only.


What is the meaning of auctioneer?

A person who sells by auction; a person whose business it is to dispose of goods or lands by public sale to the highest or best bidder., To sell by auction; to auction.


If you have a choice should your repossessed vehicle be sold at a private or public auction?

Dealers pay low(wholesale) prices at a public auction, private might be better. A lot depends on the car and the markey for it in your area.


What is the auction price for the book the life public services and state papers of Abraham Lincoln?

What is the auction price of The Life, Public Services and Estate Papers of Abraham Lincoln by Raymond 1865. Hardback, embossed.


What is the purpose of auction notice?

To get enough people to attend the auction with the aim of increasing the chances of actually selling the auctioned items. Public auctions for foreclosed properties, repossessed vehicles, etc. are required by law to be announced to the public under the statutes pertaining to such in the state where the auction(s) are to be held.


Can fleet trucks be sold to the public?

Generally fleet trucks are taken to auction houses. Most auction houses will only sell them to dealers. But some may let individuals participate in the auction.