Question

13. In an _______, after the auctioneer calls for bids on an article or lot, that...

13. In an _______, after the auctioneer calls for bids on an article or lot, that article or lot can't be withdrawn unless no bid is made within a reasonable time.

A. auction without reserve

B. entitled auction

C. auction with reserve

D. enforced auction

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Different Auction Types: Absolute auction. An absolute auction is the most common type of auction in which items or properties are auctioned off to the highest bidder. Minimum bid auction. In a minimum bid auction, the bidding begins at a minimum price that the seller is willing to accept. Reserve auction. Multi-par auction.

from the data given from question

in an auction without reserve after the auctioneer calls for bids on an article or lot, that article or lot can't be withdrawn unless no bid is made within a reasonable time.

therefore

option A

A. auction without reserve

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