auctions are public sales of goods, conducted by an officially approved auctioneer. he 1 the crowd to gather in the auction room to bid for the various items 2 . he encourages buyers to bid 3 figures, and finally names the highest bidder as the buyer of the goods. this is 4 “knocking down" the goods, for the bidding ends 5 the auctioneer bangs a small hammer on a raised platform.
the ancient romans probably invented sales by 6 , and the english word comes from the latin “auctic”, 7 “increase”. the romans usually sold in this 8 the spoils taken in war, these sales were called “sub
13 , all goods can be sold by auction. 14 these are coffee, skins, wool, tea, cocoa, furs, fruit, vegetables, and wines. auction sales are 15 usual for land and property, antique, furniture, pictures, rare books, old china and works of art. the auction rooms at chrisite’s and sotheby’s in london and
an auction is usually 16 beforehand with full 17 of the articles to be sold and where and when they 18 viewed by the buyer. if the advertisement cannot give full details, catalogues are 19 , and each group of goods to be sold together, called a “lot”, is usually given a number. the auctioneer need not begin with lot one and 20 the numberical order--he may wait until he notices the fact that certain buyers ale in the room and then produce the lots they are likely to be interested in.
1. pu orders b. asks
c. inquires d. shouts at
2. a. on sale b. on show
c. for sale d. on shelves
3. a. lower b. higher
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