Anyone can do it. The basis of civil society. Madison in Fed #10 expressed that interests groups are inevitable, but. in his eyes, troubling aspect of any free society. He mainly feared what. he referred to as âtyranny of the majorityâ, whereby large groups would. invade the rights of the minority. While his fear may have been that the. poor would overpower the wealthy in a democracy, today we may have. a situation where well entrenched minorities exert greater influence.
The hammer price at auction is the price the auctioneer announces at the time the hammer falls. For instance, âSold! for $1,000 to buyer number 621.â In this case, the hammer price is $1,000. The National Auctioneers Association defines the hammer price as follows:
A hammer is a tool that utilizes mechanical energy to do work. The mechanical energy of a hammer gives the hammer its ability to apply a force to a nail in order to cause it to be displaced. Because the hammer has mechanical energy (in the form of kinetic energy), it is able to do work on the nail.