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MMLU-Pro / 1951 / Fernandez is planning to attend an auction of the assets of Cross & Black, one…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Fernandez is planning to attend an auction of the assets of Cross & Black, one of his major competitors who is liquidating. In the conduct of the auction, which of the following rules applies?

category

law

options

  1. Such a sale is without reserve unless the goods are explicitly put up with reserve.
  2. A bidder may retract his bid at any time until the falling of the hammer.
  3. The retraction of a bid by a bidder revives the previous bid.
  4. If the auction is without reserve, the auctioneer can withdraw the article at any time prior to the fall of the hammer.

src

ori_mmlu-professional_law

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Source and history

upstream_id / Original problem ID
1951
task_id
d967cb15-b8b0-5e60-9b37-5651c87291d5
task_key
default--test--1951
task_revision_id
1
config / split
default / test

Official source

initial import