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David Decides to Sell His Coin Collection at an Auction

Question 53

Multiple Choice

David decides to sell his coin collection at an auction that is advertised as being "without reserve." Can David change his mind and withdraw the collection from the auction?


A) He can withdraw the collection at anytime before the auctioneer announces that it has been sold.
B) He can withdraw the collection at anytime before the items in the collection are delivered to the buyers.
C) He can withdraw the collection only if the bids are extremely low.
D) He can withdraw the collection only before the auction begins.
E) He cannot withdraw the collection once the auction has been advertised.

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