A Perth seller wants the option of vendor bids at her auction. Under WA guidance, what must happen?
Correct Answer
A) Vendor bids may go up to the reserve, with their number shown in the conditions
Consumer Protection WA says the seller or their agent can make bids up to the reserve price, and that the intended number of bids must be shown in the conditions of sale. Properly declared vendor bidding is lawful; undeclared bidding for the seller is misleading.
Why This Is the Correct Answer
WA permits vendor bids up to the reserve, with their number disclosed in the conditions of sale.
Why the Other Options Are Wrong
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