In an Auction,when Can the Seller Reject the Highest Bid

question 80

Multiple Choice

In an auction,when can the seller reject the highest bid and not sell the item?

• A) in an auction with reserve
• B) in an auction without reserve
• C) in both auctions with reserve and in auctions without reserve
• D) in no cases, regardless of the kind of auction
• E) in an auction with reservations

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Definitions:

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