http://www.isnare.com/?s=author&a=S+M Business S M Mon, 08 Aug 2005 00:00:00 -0700 http://www.isnare.com/?aid=7362&ca=Business An auction is basically a public sale wherein any object is sold to the highest bidder. It can be defined as a process of purchasing and selling things by offering them up for bid, taking bids and selling the things out to the highest bidder. This is what is generally the case. However, a sale to th...