An auction with reserve is one in which the seller expressly gives up his or her right to withdraw the goods from sale and must accept the highest bid.
Correct Answer:
Verified
Q70: All the states in the United States
Q71: The revocation of an offer is effective
Q72: Prior to acceptance of an offer,the death
Q73: If the offeror withdraws the offer any
Q74: If the offeree uses an unauthorized means
Q76: A counteroffer is effective when dispatched by
Q77: The person who makes the offer is
Q78: A contract that arises from a bargained-for
Q79: A stipulation in an offer that says
Q80: The mirror image rule is a rule
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents