Which of the Following Is NOT a Correct Statement About

question 21

Multiple Choice

Which of the following is NOT a correct statement about an auctioneer?

• A)An auctioneer is an agent of the vendor but after the fall of the hammer becomes an agent of the purchaser.
• B)An auctioneer owes a duty to the vendor to accept the highest bid.
• C)An auctioneer is accountable to the vendor for the collection of the purchase price.
• D)An auctioneer can sue for the purchase price in their own name.

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Definitions:

Ecological Footprint

A measure that quantifies the amount of natural resources an individual or population consumes and the waste they generate, compared with the Earth's ability to regenerate those resources and absorb the waste.

India

A country in South Asia, known for its diverse cultures, languages, and histories, and as the second-most populous country in the world.

Netherlands

A country in Northwestern Europe known for its flat landscape, extensive canal system, windmills, tulip fields, and cycling routes.