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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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