In auction sales,in which goods are sold to the highest bidder,the sale is completed at the:

Question

Quizplus · Accepted Answer

In auction sales, the sale is completed at the fall of the hammer, which indicates that the highest bidder has won the item. It is a customary practice in auctions to use the phrase "going once, going twice, gone" to indicate the final chance for bidders to raise their bids, and when the auctioneer drops the hammer, the sale is final and binding. Therefore, option A is the most appropriate choice.

In Auction Sales,in Which Goods Are Sold to the Highest