CA Foundation Exam  >  CA Foundation Questions  >  In an auction sale, if the seller makes use o... Start Learning for Free
In an auction sale, if the seller makes use of pretended bidding to raise the price, then the sale is
  • a)
    valid
  • b)
    void
  • c)
    voidable
  • d)
    illegal
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
In an auction sale, if the seller makes use of pretended bidding to ra...



Explanation:

Voidable Sale:
- In this scenario, the sale is considered voidable.
- A voidable sale is one that is valid unless rejected by one of the parties involved.
- In this case, the buyer has the option to either accept the sale or reject it due to the pretended bidding by the seller.
- The buyer can claim damages or choose to cancel the sale altogether.
Explore Courses for CA Foundation exam
In an auction sale, if the seller makes use of pretended bidding to raise the price, then the sale isa)validb)voidc)voidabled)illegalCorrect answer is option 'C'. Can you explain this answer?
Question Description
In an auction sale, if the seller makes use of pretended bidding to raise the price, then the sale isa)validb)voidc)voidabled)illegalCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about In an auction sale, if the seller makes use of pretended bidding to raise the price, then the sale isa)validb)voidc)voidabled)illegalCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In an auction sale, if the seller makes use of pretended bidding to raise the price, then the sale isa)validb)voidc)voidabled)illegalCorrect answer is option 'C'. Can you explain this answer?.
Solutions for In an auction sale, if the seller makes use of pretended bidding to raise the price, then the sale isa)validb)voidc)voidabled)illegalCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of In an auction sale, if the seller makes use of pretended bidding to raise the price, then the sale isa)validb)voidc)voidabled)illegalCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of In an auction sale, if the seller makes use of pretended bidding to raise the price, then the sale isa)validb)voidc)voidabled)illegalCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for In an auction sale, if the seller makes use of pretended bidding to raise the price, then the sale isa)validb)voidc)voidabled)illegalCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of In an auction sale, if the seller makes use of pretended bidding to raise the price, then the sale isa)validb)voidc)voidabled)illegalCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice In an auction sale, if the seller makes use of pretended bidding to raise the price, then the sale isa)validb)voidc)voidabled)illegalCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev