What Does It Mean If an Auction Is with Reserve

question 20

Multiple Choice

What does it mean if an auction is with reserve?

• A)Unless otherwise stated,the auctioneer has the right to withdraw the item before the fall of the hammer.
• B)The auctioneer must sell to the highest bidder.
• C)Even after the fall of the hammer,the auctioneer can accept other bids.
• D)The items for sale have a minimum price.

---

Definitions:

Unconditional Positive Regard

An attitude of total acceptance and support, regardless of what a person says or does, often used in client-centered therapy.

Trust

The firm belief in the reliability, truth, ability, or strength of someone or something.

Awareness

The perception, knowledge, or consciousness of events, objects, or sensory patterns.

Fully Functioning

Refers to an individual's state of having achieved an optimal level of psychological development, characterized by openness to experience, emotional stability, and self-actualization.