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A ‘Demolition Contract’ for a building is awarded to the
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- Lowest Bidder
- Highest Bidder
- Second Lowest Bidder
- Second Highest Bidder
Correct Option: B
In such a contract, contractor demolishes the building and takes away the scrap by paying a certain amount, therefore it must go to the higest bidder, the one who is paying the maximum amount for the scrap.