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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.
Suggested Answer: B
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24 comments · newest first
CO
Colby
1 day ago
I feel (D) is the best choice. All statements have merit.
AS
Asha
6 days ago
(iii) seems off. The auctioneer can withdraw goods anytime, right?
YO
Yolande
12 days ago
I’m leaning towards (B). Both (i) and (ii) make sense.
PE
Pearline
17 days ago
Agreed, but (ii) is also true. Bids are just invitations.
MA
Margurite
22 days ago
I think (i) is definitely correct. The hammer fall means the deal is done.
SO
Sommer
27 days ago
I feel (D) covers all bases. Better to be safe!
AU
Augustine
1 month ago
That’s rare, but possible before the hammer falls.
RO
Rose
1 month ago
I’m confused. What if the auctioneer withdraws?
LA
Lashaunda
1 month ago
I still think (B) is safer. Less confusion.
SO
Sommer
2 months ago
So, (D) is the best choice then? All are correct?
AU
Augustine
2 months ago
No, once bidding starts, they can't pull it back.
RO
Rose
2 months ago
(iii) seems off. Auctioneer can withdraw, right?
SO
Sommer
2 months ago
I’m leaning towards (B). Both (i) and (ii) feel right.
LA
Lashaunda
2 months ago
Agreed! But (ii) makes sense too. Bids are just invites.
AU
Augustine
2 months ago
I think (i) is definitely correct. The hammer falls, the deal is done.
LA
Lashanda
3 months ago
(ii) as an invitation to treat makes sense too!
JO
Jordan
3 months ago
Not sure about (iii), seems a bit off to me.
AB
Abel
3 months ago
Wait, can the Auctioneer really withdraw items once bidding starts?
CH
Chantell
3 months ago
I agree, (i) is definitely correct!
DY
Dylan
3 months ago
The contract is indeed formed when the hammer falls.
NI
Nieves
3 months ago
I feel like all three statements could be true, but I need to double-check if the auctioneer can withdraw goods after bidding starts.
ED
Edward
4 months ago
I practiced a similar question, and I think once the bidding starts, the auctioneer can still withdraw, so (iii) might not be correct.
ME
Melda
4 months 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.
JA
Jacqueline
4 months ago
I think the contract is concluded when the hammer falls, so maybe (i) is correct.