USAREC is not currently accepting streamlined requests for waivers. ALL requests for waivers must be submitted with the applicant's packet in accordance with instructions found on the Warrant Officer Recruiting Home Page http://www.usarec.army.mil/hq/warrant/index.shtml under Hot Topics then Waivers.
Bidding War A bidding war refers to the competition that can often take place between two or more viable buyers at a foreclosure auction. In many states, homes that are foreclosed will be sold by the bank at an auction proceeding. The bidding war is what happens when two or more buyers eye the property at that auction.
Overview: Price War: Type: Pricing: Definition: A series of retaliatory price cuts by two or more competitors in a market. Implications: A limited price war can be a sign of a highly functional market that is good for customers. An intense price war can end with large numbers of competitors dropping from a market. The result can be reduced quality and less selection. In some cases, a price war results in significantly reduced competition and higher prices in the long term. For example, a monopoly can emerge from a price war. Related Concepts: Pricing Strategy