Sirloin tip of beef, hand carved, served w/horse- radish, accompanied with Cabernet based rich gravy, lightly crusted Kent Heritage Farm boneless breast of capon, baby red potatoes tossed in butter and fresh parsley or creamy garlic mashed potatoes ,Country baby carrotts & snow peas, grilled asparagus with slivers of red pepper, old fashioned Caesar Salad, orange almandine salad, Death by Chocolate cake, coffee, tea. Incl. Napkins China Plates, set up, staging. Extra charge for full service. Call for details
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Dutch Auction
In a Dutch auction the seller offers more than one identical item for sale, so that there may be more than one winning bidder. Each bidder can bid for all the items or only some of them. However, all winning bidders need to pay only the lowest qualifying (successful) bid. If there are more successful bids than items available, priority goes to bidder with the highest bid. If bidders have the same highest bid, priority goes to the bidder who submitted their bid first.
In order to beat a competing bidder, one must bid a higher price per item than that competitor, regardless of the number of items that are being bid for. Here is an example of how this might work:
The seller auctions 5 identical items.
Bidder "A" bids for 2 items at $20 each.
Bidder "B" bids for 4 items at $21 each.
Bidder "C" bids for 3 items at $18 each.
The outcome of this auction would be:
Bidder "B" wins 4 items at $20 each.
Bidder "A" wins 1 item at $20 each.
The price is $20 because that was the lowest successful bid.
