…………….is a form of combination of buyers to prevent competition among themselves at an auction sale.

Related MCQs

• In the case of sale by auction, the seller of goods has a right to bid at the auction
• In an auction sale of goods, the seller makes use of pretended bidding to raise the price, the sale is —
• In the case of sale by auction, where goods are put for sale in lots, each lot is prima facie the subject of—
• An advertisement for sale goods by auction
• A tender and a bid at an auction sale are
• A bid at an auction sale is
• An auction sale is complete on the -
• In case of sale by auction, a bid can be recalled at any time before the fall of hammer.
• In the case of sale by auction, as soon as the hammer falls, goods become the property of the buyer —
• An act by which an intending bidder is discouraged or dissuaded from bidding in the auction sale is called