Exam (elaborations)
PA Auctioneer Exam-with 100% verified solutions-posted in 2023
- Course
- Institution
PA Auctioneer Exam-with 100% verified solutions-posted in 2023
[Show more]
Content preview
PA Auctioneer Exam-with 100% verified solutions-posted in 2023 what is the most important tool of the auc2oneer? product knowledge what is the trademark of the auc2oneer? chant who is accountable and accepts ul2mate responsibility of at the auc2on? the auc2oneer when selling personal property at auc2on, when does the legal 2tle pass? fall of the hammer how do you handle a 2e bid that occurs at hammer's fall? at the discre2on of the auc2oneer how are disputes handled? 1.recognize 2. make a decision 3. act on it 4. move on what is the importance of the opening talk? take control- terms and condi2ons what items must be covered in the opening talk before bidding begins? terms and condi2ons of the sale what should an auc2oneer not do while selling on the block? cri2cize, condemn and complain what is the best personal property chant? few filler words what is troDng? price enhancing technique used by an auc2oneer who has no bid or few and lower bids then wanted. Auc2oneer pretends that they have other bids to s2mulate the bidding by legi2mate bidders- It is illegal what is a shill? a price enhancing technique, used by an auc2oneer to inflate the bids whereby and individual is placed in the audience to run up the bids to a predetermined amount usually set by the auc2oneer- It is illegal and unethical what is puffing? a price enhancing technique that may originate with a person employed by the seller to raise the selling price by facilita2ng bids- Illegal, contract is then void or voidable what is a fast knock? a technique used to s2mulate excitement amongst bidders, auc2oneer asked for a low opening bid and "knocks it down" to the 1st bidder he or she recognizes- Legal what is sal2ng? moving one item from one box to yours, stealing- illegal how do you and what is the best way to break a pool or syndicate? set reserves Should you use a fast knock at the beginning of an auc2on to s2mulate bidding by the audience? You may Two criteria that determine the value of an an2que condi2on, age define personal property chiPle, tangible, moveableThe benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Studiesbuddy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67163 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now
