3. General procedure of auction ■ Preparation a Inspection by the buyers ■ Forma| auction a Making payment and taking delivery of the goods 4. Some explanations to the issues raised in auction business3. General procedure of auction ◼ Preparation ◼ Inspection by the buyers ◼ Formal auction ◼ Making payment and taking delivery of the goods 4. Some explanations to the issues raised in auction business