Olen decides to sell his ranch, Pine Valley, in a live auction. When the auctioneer puts the property up for bids, it will be

Question

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When the auctioneer puts the property up for bids in a live auction, it is considered an invitation to submit offers, not an offer itself. This means that the auctioneer is inviting potential buyers to make their own offers (bids) on the property, and the auctioneer or seller can then accept or reject these offers.

Olen Decides to Sell His Ranch, Pine Valley, in a Live