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 the lowest bidder may also take place, in cases where land is sold for non-payment of taxes to anyone willing to take it for the shortest term; or where a contract is offered to an
individual or party willing to take it for the shortest term; or where a contract is offered to an individual or party willing to perform it at the lowest price. Such cases too seem to fairly come under the purview of the term ‘auction’.

Auction and its benefits

In case of auction the seller presents the products on a public platform. The selling price of the products are
determined by the bids or offers of buyers interested in buying them based on their individual estimation of value of and need of the products. The person offering the highest bid at closing of auction receives the right to purchase the products at the bid price. The winner of the bid is normally legally bound to buy the item auctioned. In recent times auctions have been conducted online.

The benefits of auction are many. Some of the significant advantages are:

a)The auctioned item fetches the highest price in the given situation. Thus, in a way there is the maximization or optimization of profit.

b)At an auction the goods are almost certainly disposed off after bidding by their sale to the highest bidder. Hence, this serves as the right podium for disposing or selling out
of accumulated goods. Otherwise, business could have become stagnant due to the stocking of these goods. Certain items could also have perished (in case of perishable goods) or expired if not sold out in time.

c)In case of auctioning a variety of articles may come up for sale, which may not be otherwise available in the market. The buyer can get quite urprised by looking at a treasure trove of antique articles available at an auction.

d)An auction can also be considered as a method for estimating the value of certain commodities which have hitherto undetermined or variable prices.

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Perform Your Own Automobile Maintenance

Today’s cars can typically be expected to pass the 200,000 mile mark with consistent automobile maintenance. With the price of automobiles, you will want to protect that investment by performing regular maintenance. If you can do much of the work yourself, you will save a lot of money in labor. Invest in a good set of tools and choose quality parts when performing your own automobile maintenance.

Car Maintenance

If you have some skill, but want to learn more look for courses in general repairs and maintenance. These can often be found at your local community center, Community College or an automotive technical school in your area. Consider investing in a good repair manual for your car, such as a Chilton’s manual. The internet is a good place to look for articles and information. There are many sites devoted to auto repair and maintenance.

You will want to keep track of all maintenance performed on your car. You can do this in a log, a notebook or on your home computer. There is software available to help you keep track of maintenance. These programs track repairs, maintenance, replacement parts used on the vehicle and fuel consumption. You can use the same software for multiple vehicles.

Most software allows you to create a service schedule and will remind you when it’s time to perform maintenance tasks on each vehicle in your household. The software contains a wide variety of tips for car care. In addition, many have reference and diagnostic tools to help you diagnose various problems with your cars. Many companies offer a free trial that can be downloaded on the internet. This allows you to try out the program before investing your money.

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• Se pretende llevar la autonomia de 100 a 500 millas (800 KM).
• Lo mejor en autonomía hasta el momento es el Nissan LEAF, con 160 km.
• En la actualidad, si el presupuesto no es su problema, esta el Tesla Roadster.

IBM se ha lanzado en la busqueda de mejorar las tecnologías de almacenamiento eléctrico para los coches del futuro. La meta del proyecto Battery 500 es ampliar la autonomía efectiva de los vehículos eléctricos de 100 a 500 millas (804 km), para lo cual han reclutado a 40 ingenieros y científicos que ahora se devanaran los sesos tratando de “dominar las técnicas de producción de semiconductores a nanoescala, para aumentar la capacidad de las baterías multiplicando por diez su densidad de almacenamiento con respecto a las baterías de iones de litio usadas en la actualidad”.

El proyecto, estará dirigido por el famoso centro de investigación de IBM en el Valle de Almaden, California, que en conjunto con los laboratorios del Departamento de Energía de EEUU, se pretende concretar la meta usando acumuladores de iones de litio, se espera tener noticias positivas al respecto en un plazo de 2 años.