Voidable at the option of the buyer

In a pretended bidding sale, the correct answer is option 'A' - the sale is voidable at the option of the buyer. Let's understand why this is the correct answer.

Definition of pretended bidding sale:
A pretended bidding sale refers to a situation where the seller employs false bidding or other dishonest practices to artificially inflate the price of goods being auctioned. This means that the seller is misleading the buyers by creating an illusion of competition and driving up the price of the goods.

Explanation:
When a seller engages in pretended bidding, it goes against the principles of fair trade and violates the principles of contract law. This type of sale is considered to be fraudulent in nature because it deceives potential buyers and manipulates the market.

Here's why the sale is voidable at the option of the buyer:

1. Fraudulent misrepresentation: Pretended bidding involves fraudulent misrepresentation by the seller. The seller intentionally creates a false impression of competition to deceive buyers and induce them to pay a higher price. This misrepresentation undermines the buyer's ability to make an informed decision.

2. Voidable contract: A voidable contract is a legal agreement that is initially valid, but can be canceled or voided by one of the parties due to certain circumstances. In the case of a pretended bidding sale, the buyer has the option to treat the contract as voidable because the seller's fraudulent actions have affected the formation of a fair and genuine contract.

3. Buyer's right to avoid the contract: The buyer, upon discovering the deception or fraudulent practices involved in a pretended bidding sale, has the right to avoid the contract. This means that the buyer can choose to cancel the contract and seek remedies such as refund of any payment made or damages suffered.

4. Legal protection against fraudulent practices: Laws and regulations exist to protect buyers from fraudulent practices. In many jurisdictions, there are consumer protection laws that prohibit deceptive trade practices and provide remedies for victims of fraud.

In conclusion, a pretended bidding sale is voidable at the option of the buyer because it involves fraudulent misrepresentation by the seller, undermines the principles of fair trade, and violates contract law. The buyer has the right to avoid the contract and seek remedies for any damages suffered as a result of the fraudulent sale.