Examlex
Which of the following threats uses personalized information in an attempt at obtaining information?
Without Reserve
An auction term indicating that the item for sale will be sold to the highest bidder, regardless of the bid amount, with no minimum price set.
Auction
A public sale in which goods or property are sold to the highest bidder.
Revocation
The act of officially withdrawing, cancelling, or reversing a decision, offer, or statement.
Counteroffer
A response to an original offer which modifies conditions or proposes new terms, effectively rejecting the initial offer and becoming a new proposal in the negotiation process.
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