Under the Sale of Goods Act, 1930, right to bid may be reserved:
Section 64(3) provides that "a right to bid may be reserved expressly by or on behalf of the seller". It cannot be implied from conduct or custom, and the auctioneer cannot…
Choose your answer
Under the Sale of Goods Act, 1930, right to bid may be reserved:
Answer and explanation
Correct answer B
Section 64(3) provides that "a right to bid may be reserved expressly by or on behalf of the seller". It cannot be implied from conduct or custom, and the auctioneer cannot reserve it on his own account.
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