Correct Answer:
B. On the spot at fixed prices
The correct answer is On the spot at fixed prices. Section 8 typically refers to legal provisions allowing for the immediate disposal of seized commodities, especially perishable goods or those that could cause further issues if stored. Selling them on the spot at fixed, regulated prices ensures quick resolution and prevents loss of value.
- At market auction is incorrect as it implies a potentially lengthy process, contrary to the immediate nature of 'on the spot' sales.
- To government warehouses only is incorrect because while storage might occur, Section 8 focuses on immediate sale.
- After court approval is incorrect as it introduces delays, which Section 8 aims to circumvent for certain types of seized goods.