Lead With Learning: Why Purpose Can Save Educational Technology. Dr. Shawn Mahoney, Chief Academic Officer, McGraw-Hill Education, School Group provides her thoughts on the why behind the what matters in educational technology.
In auctions, the buyer's premium is a percentage additional charge on the hammer price (winning bid at auction) of the lot that must be paid by the winner. It is charged by the auctioneer to cover administrative expenses.
The Buyer's premium is equivalent to a Auction fee, charged to Buyer for facilitating the online auction service Both these items are added in the purchase price, to let the Buyer realize, that it is their responsibility. Now comes the confusion, Then why is it declared as Seller concession in section 4.2.3 of contract.