| 释义 |
mock auction
mock auction an auction where items are given away or the right to bid is restricted to persons who have bought or agree to buy goods or one where goods are sold to a person lower than his highest bid. It is an offence to organize such an event under the Mock Auctions Act 1961.Mock Auction
Mock AuctionA con in which a gang sells low quality merchandise in an auction setting at a high price. Mock auctions usually involve gang members pretending to buy items and acting as if they are satisfied. This encourages real customers to spend too much for inferior products. |