NH Auctioneer Practice Questions - New Hampshire Licensed Auctioneer Exam

Under UCC 2-328, at an auction announced as 'without reserve,' when may the auctioneer withdraw the goods?

At any time before the hammer falls Only if no bid is received within a reasonable time The goods may not be withdrawn once the auction begins Only with the highest bidder's consent

Correct Answer:

Only if no bid is received within a reasonable time

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