Multiple choice

Damping in an illicit act dissuading the intending purchaser from biding. It is illegal. Damping entitled the auctioneer to withdraw property from the auction.

  1. True

  2. False

  3. Partly true

  4. Cannot say
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Damping is an illegal practice at auctions where someone intentionally discourages other bidders from bidding (often by whispering doubts about the goods or making disparaging remarks), allowing the damper or an associate to buy at a lower price. This constitutes fraud, and if damping occurs, the auctioneer is entitled to withdraw the property from the auction and may also claim damages.

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