QuestionJuly 19, 2025

To settle the estate of the deceased, a probate sale is held on a mobile home The first court bid is 30,000; the next minimum bid must be for at least: 31,000. 32,000. 33,000. 31,750.

To settle the estate of the deceased, a probate sale is held on a mobile home The first court bid is 30,000; the next minimum bid must be for at least: 31,000. 32,000. 33,000. 31,750.
To settle the estate of the deceased, a probate sale is held on a mobile home The first court bid is 30,000; the next minimum bid must be for at least:
 31,000.
 32,000.
 33,000.
 31,750.

Solution
4.7(167 votes)

Answer

31,000. Explanation In a probate sale, the next minimum bid typically must exceed the previous bid by a specified increment. Since the first court bid is 30,000, the next minimum bid would logically be at least 31,000.

Explanation

In a probate sale, the next minimum bid typically must exceed the previous bid by a specified increment. Since the first court bid is $30,000, the next minimum bid would logically be at least $31,000.
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