Auctioneer Study guides, Class notes & Summaries

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...

Ky Board of Auctioneer Test Questions and answers latest update

PA AUCTIONEER EXAM 2024 ACTUAL EXAM 120 QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) | LATEST EDITION | ALREADY GRADED A+ 1. what is the most important tool of the auctioneer? --- correct answer ---product knowledge 2. what is the trademark of the auctioneer? --- correct answer ---chant 3. who is accountable and accepts ultimate responsibility of at the auction? --- correct answer ---the auctioneer 4. when selling personal property at auction, when does the legal title pass? --- correc...

Can an auctioneer sell the carcass or pelt of a fur bearing animal? CORRECT ANSWER no, only a licensed trapper or wholesale fur dealer. How many questions are on your exam? CORRECT ANSWER 80 How many questions do you need to answer correctly on the exam to pass? CORRECT ANSWER 60 How many hours do you have to complete the exam? CORRECT ANSWER 2 What is the cost of the exam? CORRECT ANSWER $52 The Texas Administrative Code Chapter _________ , Auctioneer Administrative Rules CORRECT...

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...

Arkansas Auctioneer Exam Questions With 100% Correct Answers 2024

Auction CORRECT ANSWER The sale of goods or real estate by means of exchanges between an auctioneer and members of an audience There shall be ______ member North Carolina auctioneer commission having the power and responsibilities set out in this chapter. The____ shall appoint the members of the commission. CORRECT ANSWER 5 , Governor "Fund" means Auctioneer Recovery Fund. CORRECT ANSWER True It is legal and ethical for the commission to investigate the background of any applicant app...

PA PENNSYLVANIA AUCTIONEER EXAM 2024 | 125 ACCURATE ACTUAL EXAM QUESTIONS WITH DETAILED ANSWERS | EXPERT VERIFIED LATEST UPDATE FOR GUARANTEED PASS | GRADED A

Ky Board of Auctioneer Test Questions With Answers Absolute Auction - ANS After the auctioneer calls for bids on an article or lot, that article or lot cannot be withdrawn unless no bid is made within a reasonable time Auction with reserve - ANS when the auctioneer may withdraw the property at any time until he or she announces the completion of the sale. The potential bidders are the offerors Auction with reserve and the sellers reserving the right to bid - ANS The auctio...