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    Entrepreneurial Small Business
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    Exam 5: Small Business Entry: Paths to Part-Time Entrepreneurship
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    An Auction in Which the Low Bid Gets the Business
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An Auction in Which the Low Bid Gets the Business

Question 4

Question 4

Multiple Choice

An auction in which the low bid gets the business or wins is known as a _____ auction.


A) reserve
B) buyout
C) forward
D) reverse

Correct Answer:

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