Auction Bidding Process Quiz

Auction Bidding Process Quiz

Assessment

Interactive Video

Business

11th - 12th Grade

Hard

Created by

Jennifer Brown

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What year was the 1918 laud first exhibited in Paris?

1945

1918

1923

1930

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At what amount did the auction bidding start?

4 million

2 million

3 million

1 million

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who was leading the bid at 5,600,000?

Octavia

John

Carol

James

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which collection was the 1918 laud a part of during the auction?

Christie's collection

Parisian collection

Art Deco collection

Josef bits collection

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the bid amount when the auctioneer suggested breaking the deadlock?

7.2 million

7 million

6.8 million

6 million

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the bid amount when the auctioneer mentioned the psychology of auction?

7 million

7.1 million

7.2 million

7.3 million

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the final bid amount before the auction concluded?

9.1 million

9 million

8 million

8.5 million

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