An auction has not been notified as subject to the seller’s reserved right to bid. Under section 64(4)…
Section64(4) restricts bids by the seller or a person bidding on the seller's behalf where the auction was not notified as subject to a reserved seller's right to bid. The…
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An auction has not been notified as subject to the seller’s reserved right to bid. Under section 64(4) of the Sale of Goods Act, 1930, from whom must the auctioneer not knowingly accept a bid?
Answer and explanation
Correct answer B
Section64(4) restricts bids by the seller or a person bidding on the seller's behalf where the auction was not notified as subject to a reserved seller's right to bid. The auctioneer may not knowingly accept such bids in that setting. Expressly reserved bidding is addressed separately in section 64(3).
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