At an Auction, a Call for Bids Is

question 62

Multiple Choice

At an auction, a call for bids is:

• A)an offer by the person calling for bids to sell the item being auctioned.
• B)an invitation to treat by the person calling for bids.
• C)a conditional agreement between the bidders and the person calling for bids where the condition precedent is that the offeree must win the bid.
• D)an acceptance by the person calling for bids of the offers by the bidders.

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Definitions:

Reinforcing

A process in operant conditioning that increases the likelihood of a behavior by providing a consequence that is desirable.

Shaping

A method of teaching new behaviors by rewarding closer and closer approximations to the desired behavior.

Acquiring

The process of obtaining or gaining possession of something.

Cognitive-Behavioral Therapy

A psychotherapeutic approach that aims to solve problems concerning dysfunctional emotions, behaviors, and cognitions through a goal-oriented, systematic process.