Auctions Flashcards
1
Q
Conduct of _ is similar to negotiating a contract
A
Auctioneer
2
Q
When someone raises their hand and gives an offer to price, is is an “offer for
A
consideration”
3
Q
When auctioneer finds highest price and accepts, that is _
A
Acceptance of last offer
4
Q
There may be _ you need to agree to if you are bidding at auction
A
Terms
