Dutch auction the bid, and pays $10,000 for the car. Dutch auctions are a competitive alternative to a traditional auction, in which customers make bids of increasing value until nobody is willing to bid higher. Some financial commentators and some third-party auction sites use "Dutch auction" to refer to second-price auctions, which work differently from Dutch auctions. The United States Department of the Treasury, through the Federal Reserve Bank of New York (FRBNY), raises funds for the U.S. Government using a Dutch auction. The FRBNY interacts with primary dealers, including large banks and broker-dealers who submit bids on behalf of themselves and
Mustered Courage Mustered Courage Mustered Courage are a progressive bluegrass and Americana based band from Melbourne, Australia. The band's music combines elements of bluegrass, country, rock, jazz, and jam band with extended improvisational solo breaks. Mustered Courage's third album, "White Lies & Melodies", was nominated for Best Country Album at the ARIA Music Awards of 2015. The band's song "Candle Creek" won the Golden Guitar Awards for Instrumental of the Year at the 43rd CMAA Country Music Awards of Australia in 2015. Mustered Courage was also nominated for Alternative Country Album of the Year, Group or Duo of the Year, and Bluegrass