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Macy's, an Auction House, Was Slated to Put Up Ten

Question 16

Multiple Choice

Macy's, an auction house, was slated to put up ten paintings for auction. During the course of the auction, the auctioneer announced that three of these paintings can be recalled at the discretion of the auction house. In such a scenario, the seven remaining paintings will be known as goods offered _____.


A) without terms
B) without reserve
C) with terms
D) with reserve

Correct Answer:

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