Which of the Following Is True for an Auction Without

question 72

Multiple Choice

Which of the following is true for an auction without reserve?

• A) The bidder is considered the offeror.
• B) The seller need not accept the highest bid.
• C) The goods on sale cannot be withdrawn.
• D) The auctioneer is not allowed to set a minimum bid.

---

Definitions:

Job Burnout

A state of emotional, physical, and mental exhaustion caused by prolonged stress and frustration at work.

Chronic Stressors

Inescapable, day-to-day situations or conditions that cause stress.

Stress

A physical or emotional response to demands or pressures, which can stem from various aspects of life including work, relationships, or financial troubles.

Hans Selye

A Hungarian-Canadian endocrinologist known for his research on the response of organisms to stress.