Q452
Bidder who can receive allocation of treasury bills before all other bidders is result of
A.
highest bidder
AnswerB.
lower bidder
C.
zero bidder
D.
non-competitive bidder
Answer: Option A
Solution
Answer: Option A
Solution:
Bidder who can receive allocation of treasury bills before all other bidders is result of highest bidder. The bidder is the party offering to buy an asset from a seller at a specific price. A bidder can be an individual or organization, and the potential purchase can be part of a multiparty transaction or an auction.