Bus Art 334: Quiz 3 || Questions and 100% Verified Answers.
What are some reasons for collecting art? correct answers decorative, identity/status, investment,
passion/addiction
When you start collecting, what are the 3 main things you should develop? correct answers 1.
Your artistic eye (take art classes, visit art places, look at art website)
2. Your art vocab (read reviews, take classes, see art with friends)
3. Your art contacts (go to opening nights, visit art studios)
What would be the proper etiquette if you wanted to visit the studio of a represented artist?
correct answers Ask the dealer 1st, do not discuss $, go back to dealer if you want to talk $
What is modern art? correct answers 1900-1970
utopian, truth, universalism, progress, originality, idealistic
What is contemporary art? correct answers 1970-now (postmodernism)
skepticism, contextualism, appropriation, no truth, pluralism
What are private art dealers? correct answers Know about the artists, markets, and can connect
you
What are art consultants? correct answers Will consult with you on your lifestyle, what you like,
why you want art, & consult you on what to buy
Who are Herb & Dorthy Vogel? correct answers Minimalist & conceptual art collectors
known for becoming major collectors by starting small with a limited budget
Can you ask for a discount at a gallery? correct answers Yes! 5-10%
At max you could get 20% if the price is very high and you are influential
If you buy at an auction, what would be safe to know in advance? correct answers Price in
primary market and your highest bid
Who decides on the validity and value of art? correct answers "Art world"
prominent collectors, dealers, auction houses, museum curators, critics, and historians
In general, are antiquities more expensive or less expensive than high-end Modern &
contemporary art? correct answers More expensive - they are more of them there is an incentive
to sell them at a higher price
Can you name one of the top collectors presented in the lecture's slides? correct answers Arnault,
Black, Broad, Chen, Cohen, Lauder, Geffen, Niarchos, Pinault, Walton, Sheikha from Qatar,
Wynn
, What are free ports? correct answers Free trade zones (originally used for goods in transit, now
used for art storage with security, secrecy, and tax free storage)
What corporation has the largest art collection in the world? correct answers Deutsche Bank (has
50,000 artworks, most on paper, and sponsor many museum exhibits)
Microsoft has a long list of reasons of why it collects art. What is the first reason mentioned on
its list? correct answers Enhances Employee Morale
What might be other (real) reasons for corporations to collect? correct answers 1. Return on
Investment (diversify portfolios)
2. Tax write off
What are some of the places where public art is most often seen? correct answers Urban centers,
government buildings, transportation hubs, public parks, places of worship,
memorials/cemeteries, schools, malls, private housing
What are some of the reasons for displaying public art? correct answers Political propaganda,
power/prestige/posterity displays, religion, narrate historical events, gift a sense of place or time,
patriotism, display values, aesthetic, commercial, educational, functional
Who are some of the people or entities involved in the creation of public art? correct answers
Artists, panel of art experts, government agencies, transporters/installers, engineers, architects,
lawyers/insurance companies, maintenance
What are some of the benefits of public art? correct answers Economic impact, sense of identity,
community building, civic pride, aesthetic pleasure
What is the "percent for the arts program?" correct answers a % of any type of capital
improvement goes to the creation of public art
What percentage is most often used for "percent for the arts program?" correct answers 1%
What is a "call for artists?" correct answers a published article that tells community it wants a
new piece or art created - includes project summary, budget, timeline, and artist eligibility
requirements
Which public artist(s) is (are) known for making mobiles and stabiles? correct answers
Alexander Calder
Which public artist(s) is (are) known for blowing up ordinary objects to very large scale? correct
answers Claes Oldenburg & Coosje Van Bruggen
What happened to Richard Serra's Tilted Arc in New York's Federal Plaza? correct answers
Installed in 1981, court judge voted to take it down in 1985, dismantled in 1989
