At an Auction, Benny Bids on a 1957 Chevy Coupe

Multiple Choice

At an auction, Benny bids on a 1957 Chevy coupe, believing that it is worth more than the price asked. When the car proves to need more repairs than Benny estimated, and thus is worth less as is, Benny is​

A) ​still liable on the bid.
B) ​not liable on the bid because he underestimated the cost of repairs.
C) ​not liable on the bid because the auctioneer misrepresented the value.
D) ​not liable on the bid because an auction is not subject to contract law.