If nothing is stated to the contrary in terms of an auction,an auction is presumed to be ________.
A)non-binding
B)a quasi-contract
C)without reserve
D)with reserve
E)an implied-in-law contract

Name: If nothing is stated to the contrary in terms of an auction,an auction is presumed to be ________. A)non-binding B)a quasi-contract C)without reserve D)with reserve E)an implied-in-law contract
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If nothing is stated to the contrary in the terms of the auction,an auction is presumed to be with reserve.

If Nothing Is Stated to the Contrary in Terms of an Auction,an