English auctions Study guides, Class notes & Summaries

LAW OF CONTRACT NOTES: Contract as an agreement intended to create enforceable obligations A contract is an agreement between two or more parties. The extra ingredient that distinguishes contracts from non-binding agreements is a serious intention to create legally enforceable obligations (animus contrahendi). The absence of an animus contrahendi explains why ‘gentlemen’s agreements’ are not enforceable as contracts. Legally binding agreements that are not contracts: The ...

Cfa level 1 complete question with complete solution rated A+ 2023Private value auctions - correct answer Value is subjective and different to each bidder Ascending price (English) auction - correct answer Bidders can bid amounts greater than the previous bid, and the bidder that first offers the highest bid wins the item and pays the amount Sealed bid auction - correct answer Each bidder submits one bid, which is unknown to the other bidders and the bidder with the highest bid wins the...

Auctions Exam with 100% updated questions and answers Difference between bargaining and auctions -ANS -Bargaining: one buyer; one seller; one deal -Auctions: one seller; many (potential buyers); one deal OR one buyer; many (potential buyers); one deal Types of auctions -ANS English Dutch First price, sealed bid auctions Second price, sealed bid auctions English auctions -ANS -Ascending -Open outcry by bidders until only one bidder is left -Ej: wine, art, most internet auctions D...

Auctions Exam Questions with 100% Correct Answers | Verified | Updated 2024

CFA Level 1 Questions | Questions with 100% Correct Answers | Updated & Verified What are the 4 types of measurement scales? - 1. Nominal Scales 2. Ordinal Scales (Assigned to a category) 3. Interval Scales (Relative ranking) 4. Ratio Scales (Equal differences between scale values) NOIR When do we use geometric and arithmetic means to analyze investment returns? - Arithmetic Mean: To estimate next year's return Geometric Mean: Measure of past performance What are the 3 different t...

Auctions Exam with 100% updated questions and answers Difference between bargaining and auctions - CORRECT ANSWER -Bargaining: one buyer; one seller; one deal -Auctions: one seller; many (potential buyers); one deal OR one buyer; many (potential buyers); one deal Types of auctions - CORRECT ANSWER English Dutch First price, sealed bid auctions Second price, sealed bid auctions English auctions - CORRECT ANSWER -Ascending -Open outcry by bidders until only one bidder is left -Ej: ...

CFA Level 1 Study Guide Exam Questions and Answers What is the key assumption of technical analysis? - Answer-Market prices reflect both rational and irrational investor behavior What are the 4 different types of Oscillators? - Answer-1. Rate of Change Oscillator (100x the difference between the latest closing price and the closing price n periods earlier) 2. Relative Strength Index (Ratio of total price increases to price decreases) 3. Moving Average Convergence/Divergence 4. Stochasti...

Private value auctions - Answer- Value is subjective and different to each bidder Private value auctions - Answer- Value is subjective and different to each bidder Ascending price (English) auction - Answer- Bidders can bid amounts greater than the previous bid, and the bidder that first offers the highest bid wins the item and pays the amount Ascending price (English) auction - Answer- Bidders can bid amounts greater than the previous bid, and the bidder that first offers the highest b...

CIPS L6M8 - Innovation in Procurement and Supply Supply chain integration Supply chain integration requires the procurement professional to develop strategic collaboration with key supply chain partners and understand customer requirements. Behaviours to enhance innovation Pellathy identified 3 key behaviours that affect how individuals engage with each other: 1, Task behaviours - how an individual executes tasks of their role 2, Organisational citizenship - the quality of a person's in...

2. Ordinal Scales (Assigned to a category) 3. Interval Scales (Relative ranking) 4. Ratio Scales (Equal differences between scale values) NOIR When do we use geometric and arithmetic means to analyze investment returns? - correct answer Arithmetic Mean: To estimate next year's return Geometric Mean: Measure of past performance What are the 3 different types of probabilities? - correct answer 1. Empirical Probability (Past data) 2. Priori Probability (Formal reasoning) 3. Subjective ...