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At an Auction,Vigo Bids on an Object,believing That It Is

Question 29

Multiple Choice

At an auction,Vigo bids on an object,believing that it is worth more than the price asked.When the item proves to be less valuable,Vigo is


A) liable on the bid.
B) not liable on the bid because Vigo misestimated the value.
C) not liable on the bid because the auctioneer misstated the value.
D) not liable on the bid because the object was probably overpriced.

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