Assume that edward was the highest unsuccessful bidder

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Questions: Assume that Edward was the highest unsuccessful bidder but the reserve price was not reached. You now need to see if you can negotiate a sale with Edward. Record your conversation with Edward below:

Q.1-Edward Thanks for letting me know I was the highest bidder. I felt quite overwhelmed by the process. What happens next? Your response

Q.2-Edward Can I have a longer settlement period and pay a smaller deposit?

 

Reference no: EM133424849

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