A licensed person who is authorized to sell to the highest bidder is

A licensed person who is authorized to sell to the highest bidder is

  • A.
    principal
  • B.
    factor
  • C.
    broker
  • D.
    auctioneer
Correct Answer: Option D
Explanation

An auctioneer is a person who manages an auction, or a public sale at which people can bid on items. Goods are sold to the highest bidder in an auction.

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