
Auction Bidding Process Quiz

Interactive Video
•
Business
•
11th - 12th Grade
•
Hard
Jennifer Brown
FREE Resource
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the starting bid for the rare painting from Maryland's lifetime?
£500,000
£450,000
£420,000
£400,000
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who was leading the bid at £500,000?
Paddle 831
Veronica
Gus Grandland
The room
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At what price did the bidding reach a million pounds?
£950,000
£1,100,000
£1,000,000
£1,050,000
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who was the final bidder against Gus?
Another telephone bidder
Paddle 831
The room
Veronica
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the final winning bid for the painting?
£1,100,000
£1,020,000
£1,050,000
£1,000,000
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