Auctioneer exam questions - Study guides, Class notes & Summaries

True/False: The Arkansas Auctioneers Licensing Board is appointed by vote of the Arkansas General Assembly CORRECT ANSWER False - The governor shall appoint the members of the Board All auctioneer licenses expire: CORRECT ANSWER June 30th True/False: The Arkansas Auctioneers Licensing Board has the final decision in the suspension or revocation of an auctioneer's license. CORRECT ANSWER False - The Auctioneers License Act indicates the "Board shall be subject to the Arkansas Administrati...

what is the most important tool of the auctioneer? CORRECT ANSWER product knowledge what is the trademark of the auctioneer? CORRECT ANSWER chant who is accountable and accepts ultimate responsibility of at the auction? CORRECT ANSWER the auctioneer when selling personal property at auction, when does the legal title pass? CORRECT ANSWER fall of the hammer how do you handle a tie bid that occurs at hammer's fall? CORRECT ANSWER at the discretion of the auctioneer how are disputes...

PA Auctioneer Exam Questions and Answers 100% Pass what is the most important tool of the auctioneer? - Answer-product knowledge what is the trademark of the auctioneer? - Answer-chant who is accountable and accepts ultimate responsibility of at the auction? - Answer-the auctioneer when selling personal property at auction, when does the legal title pass? - Answer-fall of the hammer how do you handle a tie bid that occurs at hammer's fall? - Answer-at the discretion of the auctioneer ...

PA Auctioneer Exam Questions With 100% Correct Answers 2024

Texas Auctioneer License Part 1 Exam Questions and Correct Answers Does an auctioneer need a federal firearms license? - ANSWER Yes AND No; if estate sale then no, consignment sale then yes If an auctioneer sales a firearm away from their business location, how do they transfer to buyer? - ANSWER It must be returned to their business location before transferring. Who determines the auctioneers fee in federal bankruptcy court? - ANSWER The cour...

PA Auctioneer Exam Questions And Answers what is the most important tool of the auctioneer? - ANS product knowledge what is the trademark of the auctioneer? - ANS chant Who is accountable and accepts ultimate responsibility at the auction? - ANS the auctioneer when selling personal property at auction, when does the legal title pass? - ANS fall of the hammer How do you handle a tie bid that occurs at hammer's fall? - ANS at the discretion of the auctioneer ho...

Auctioneer Exam Questions With 100% Correct Answers 2024

Auctioneer Exam questions with correct answers

Auctioneer Exam Questions And Answers Auction - ANS method of sale of real or personal property, goods, or chattels, at a predetermined date and time, by means of verbal exchange, regular mail, telecommunications, the internet, an electronic transmission, or a physical gesture between an auctioneer and members of the audience Auctioneer - ANS any person who engages or who by advertising or otherwise holds the person out as being able to engage in the calling for recognition of and t...