At an auction sale, each bid is:
A) a counteroffer to the auctioneer's offer of the merchandise

B) an acceptance of the auctioneer's offer.
C) an invitation to negotiate.
D) an offer.


D

Business

You might also like to view...

Which of the following key terms represents the types of decisions made at the operational, managerial, and strategic levels of a company?

A. Structured decisions B. Semistructured decisions C. Unstructured decisions D. All of these

Business

A check was written by a business for $507 but was recorded in the journal as $705. How would this error be included on the bank reconciliation?

A) a deduction on the bank side B) an addition on the book side C) an addition on the bank side D) a deduction on the book side

Business

Companies that follow Department of Justice compliance codes carefully are not prosecuted for violations of related laws

a. True b. False Indicate whether the statement is true or false

Business

What is Lara's Additional Medicare Tax for 2018, if any?

Lara started a self-employed consulting business in the last part of the year and earned $60,000 of self- employment earnings. She had been employed as manager in a consulting firm prior to starting her own business and had earned $175,000.

Business