CIMAPRA17-BA4-1 Exam - Topic 1 Question 129 Discussion

Actual exam question for CIMA's CIMAPRA17-BA4-1 exam

Question #: 129
Topic #: 1

[All CIMAPRA17-BA4-1 Questions]

C recently purchased some goods at an auction sale. Which of the following is correct?

(i) The contract was concluded by the fall of the Auctioneer's hammer.

(ii) The Auctioneer's call for bids was an invitation to treat.

(iii) Once the bidding had started, the Auctioneer was unable to withdraw the goods from the sale.

A(i) only

B(i) and (ii) only

C(ii) and (iii) only

D(i), (ii) and (iii).

Show Suggested Answer

Suggested Answer: B

by Gladys at Jun 27, 2026, 04:51 AM

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I feel like all three statements could be true, but I need to double-check if the auctioneer can withdraw goods after bidding starts.

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5 days ago

I practiced a similar question, and I think once the bidding starts, the auctioneer can still withdraw, so (iii) might not be correct.

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10 days ago

I'm not entirely sure, but I remember that the call for bids is usually considered an invitation to treat, which makes (ii) seem right.

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15 days ago

I think the contract is concluded when the hammer falls, so maybe (i) is correct.

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