Auction Process Quiz

Auction Process Quiz

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

Created by

Jennifer Brown

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the starting bid for the Andalusian horse?

1,300,000 pounds

1,200,000 pounds

1,100,000 pounds

1,000,000 pounds

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At what amount did the new bidder enter the auction?

1,600,000 pounds

1,500,000 pounds

1,800,000 pounds

1,700,000 pounds

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who had the winning bid at the end of the auction?

Gio

An online bidder

Freddy

The auctioneer

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the final bid amount for the Andalusian horse?

2,900,000 pounds

2,700,000 pounds

2,800,000 pounds

2,600,000 pounds

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which method of bidding was NOT mentioned during the auction?

Proxy

Online

Telephone

In-person

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Microsoft

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