Multiple choice

A person can withdraw his bid

  1. before the fall of hammer

  2. after the fall of hammer

  3. at any time

  4. after the auction is over
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Option (1) is correct: The bid can be revoked any time before the fall of the hammer. When the hammer falls, it amounts to acceptance and such an offer cannot be revoked once it is accepted.

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