Multiple choice

In an auction sale if the seller makes use of pretended bidding to raise the price, then the sale is voidable

  1. True

  2. False

  3. Partly true

  4. Cannot say

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Under auction law, if the seller uses pretended bidding (such as having someone make fake bids to drive up the price), this practice makes the sale voidable at the option of the buyer. This protects auction buyers from fraudulent price manipulation. The sale is not automatically void, but the innocent party can choose to void it if they discover the manipulation.