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The restraints on U.S. exports to Libya under the terrorism list prohibit the sale of dual-use goods -- items that could be used for military purposes, such as ammunition and some goods related to civil aviation.
CNN: U.S. to lift final sanctions against Libya
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The restraints on U.S. exports to Libya under the State Department's terrorism list prohibit the sale of so-called dual-use goods -- items that could be used for military purposes -- such as ammunition and some goods related to civil aviation.
CNN: U.S. lifts most sanctions against Libya
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He waived a price guarantee an arrangement often used in the sale of high-profile items where the auction house assures the seller a minimum sum in exchange for a larger commission.
WSJ: 'The Scream' by Edvard Munch
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Sellers can now choose to skip the auction process entirely--a take-it-or-leave-it choice--that's great for the quick sale of items like Palm handhelds, but a disadvantage for someone selling, say, a used Louis Vuitton bag that might draw many bidders who knock up the price.
FORBES: Magazine Article