Author Question: Macy's, an auction house, was slated to put up ten paintings for auction. During the course of the ... (Read 51 times)

mwit1967 · **on:** Jun 24, 2018

Macy's, an auction house, was slated to put up ten paintings for auction. During the course of the auction, the auctioneer announced that three of the paintings could be recalled at the discretion of the auction house. In such a scenario, the seven remaining paintings will be known as goods offered _____.
A) without terms
B) without reserve
C) with terms
D)with reserve

Question 2

Repeated breaches and waivers are generally interpreted to indicate:
A)poor business practices.
B) illegal behavior.
C) ignorance of the law.
D) modification of contract.