
NIEMCOR CONDITIONS of SALE AUCTION DOCX Form
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People also ask
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What are the rules for auction?
Auction Item Rules All sales final: All sales are final, there are no exchanges or refunds, and all items are sold “as is.” Limits may apply: Bidders are responsible for handling any restrictions that may come with items. For example, gift cards or certificates may be subject to availability and “black-out” dates.
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How much does Christie's charge sellers?
How do auction fees work? The seller's commission at major auction houses, such as Christie's or Sotheby's, is 15%. On top of that, you'll be asked to pay shipping, LDL (loss, damage and liability insurance), as well as a hefty marketing and cataloguing fee.
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What is the SIC code for auction?
SIC Code 738914 - Auction, Appraisal, and Exchange Services Mailing List.
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What is the common law of auctions?
Among various bidders, the one who offers the highest price or bid will normally be the successful purchaser. Initially, the seller often places a minimum price for his/her property. The bidders compete among themselves by offering competitive prices and the highest bid will normally be accepted by the seller.
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What is the business code for auction sales?
NAICS 454210 includes electronic auctions, while NAICS 454390 includes other direct selling establishments, such as door-to-door sales. Overall, the NAICS framework provides a standardized way to classify businesses based on their economic activity.
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What is the NAICS code for auction?
459510 - Used Merchandise Retailers This industry includes establishments retailing used merchandise on an auction basis. Retailing a general line of new and used merchandise on an auction basis--are classified in U.S. Industry 455219, All Other General Merchandise Retailers.
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What business code is 454110?
454110 - Electronic Shopping and Mail-Order Houses This industry comprises establishments primarily engaged in retailing all types of merchandise using nonstore means, such as catalogs, toll free telephone numbers, or electronic media, such as interactive television or the Internet.
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What is the business code 453310?
453310 - Used Merchandise Stores.
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