Subject:
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autoFAQpost /market/auction/preparation/02_standard_auction_rules.en.faq
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Newsgroups:
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lugnet.faq
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Date:
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Mon, 12 Jul 1999 23:17:51 GMT
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Viewed:
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1083 times
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Subject: What are the standard auction rules?
Topic-Level: 1
Content-Language: en
Topic-Level: 0
Revision: Todd Lehman, 1996-01-08
Location: /market/auction/preparation/
<P>There are no standard auction rules, but there are some popular rules. Here
are a few...mix and match to suit your tastes:</P>
<P><B>Type</B>
<UL TYPE="BULLET">
<LI>"This is a Once, Twice, Sold auction."</LI>
<LI>"This is a fixed-length auction."</LI>
</UL>
</P>
<P><B>Duration</B>
<UL TYPE="BULLET">
<LI>"Auction ends when all items have been marked Sold."</LI>
<LI>"Auction ends on such-and-such a date at midnight."</LI>
</UL>
</P>
<P><B>Currency</B>
<UL TYPE="BULLET">
<LI>"All bids must be in US$."</LI>
</UL>
</P>
<P><B>Minimum Bid Increments</B>
<UL TYPE="BULLET">
<LI>"Bid in $1 increments."</LI>
<LI>"Minimum bid increments go by the following sliding scale: ..."</LI>
</UL>
</P>
<P><B>Payment</B>
<UL TYPE="BULLET">
<LI>"You may send a personal check, money order, cashier's check, or other
non-cash form of payment. There will be a one week waiting period for
personal checks to clear."</LI>
</UL>
</P>
<P><B>Shipping</B>
<UL TYPE="BULLET">
<LI>"Free shipping if you live in the U.S. Otherwise, you pay shipping."</LI>
<LI>"Free shipping if your total is $50 or greater."</LI>
<LI>"Fixed $3 shipping fee if you live in the U.S."</LI>
<LI>"Buyer pays shipping."</LI>
</UL>
</P>
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