Solved

At an Auction, a Call for Bids Is

Question 71

Multiple Choice

At an auction, a call for bids is:


A) an offer by the person calling for bids to sell the item being auctioned.
B) an invitation to treat by the person calling for bids.
C) a conditional agreement between the bidders and the person calling for bids where the condition precedent is that the offeree must win the bid.
D) an acceptance by the person calling for bids of the offers by the bidders.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents