International Auction

International Auction

University

25 Qs

quiz-placeholder

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International Auction

International Auction

Assessment

Quiz

Others

University

Hard

Created by

Chi Nguyễn

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Commercial Law 2005, Art. 185, auction of goods is a commercial activity where sellers conduct _____ sale of goods.

private

silent

public

closed

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In international auction, sellers and buyers are from _____.

the same market

different customs areas

the same customs zones

one country

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In international auction, products must move _____.

across border

within the city

inside customs warehouse

between buyers

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The role of _____ is central in auction transactions.

location

goods origin

price

customs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One feature of auction is that it is organized _____ at a definite time and place.

secretly

publicly

arbitrarily

randomly

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In auctions, buyers are allowed to check goods and _____ to compete.

prohibited

selected

free

banned

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Goods auctioned are usually of great value and _____.

easily standardized

rare

low demand

perishable

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