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Ohio (OH) Auctioneer Exam Practice Questions
& Answers VERIFIED SOLUTIONS LATEST
UPDATE THIS YEAR
Ohio (OH) Auctioneer Exam Practice
Here is an overview of the Ohio Auctioneer exam based on current regulations (ORC Chapter
4707). This practice exam covers key areas you'll need to know.
EXAM COVERAGE SUMMARY
The Ohio Auctioneer Exam is administered by the Ohio Department of Agriculture . The exam
tests knowledge of the Ohio Revised Code (ORC) Chapter 4707, Ohio Administrative Code (OAC)
Chapter 901:8-2, professional ethics, and auctioneering practices . It is offered twelve times
each year at the Department of Agriculture in Reynoldsburg .
Key topics include:
• Licensing Requirements (ORC 4707.07)
• Unlicensed Practice & Prohibited Acts (ORC 4707.02)
• Bonding & Financial Responsibility (ORC 4707.11)
• Escrow & Trust Account Management (ORC 4707.024)
• Examination & Retake Policies (ORC 4707.08)
• License Renewal & Continuing Education (ORC 4707.101)
• Auction Firm Licensing (ORC 4707.074)
• Ethics & Professional Conduct
• Ohio Auction Recovery Fund
QUESTIONS & ANSWERS
SECTION 1: LICENSING AUTHORITY & GOVERNING LAWS
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1. The Ohio Department that licenses auctioneers is the:
A) Department of Commerce
B) Department of Agriculture
C) Department of Public Safety
D) Department of Administrative Services
Answer: B) The Ohio Department of Agriculture (ODA) licenses and regulates auctioneers and
auction firms under ORC Chapter 4707 .
2. The State Auctioneers Commission is part of which state agency?
A) Department of Commerce
B) Department of Agriculture
C) Department of Public Safety
D) Department of Administrative Services
Answer: B) The State Auctioneers Commission operates under the Ohio Department of
Agriculture .
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3. What is the minimum age requirement for an auctioneer license applicant in Ohio?
A) 16 years
B) 18 years
C) 21 years
D) 25 years
Answer: B) Ohio Revised Code Section 4707.07 requires applicants to be at least 18 years of
age .
4. What is the license renewal cycle for Ohio auctioneers?
A) Annual
B) Biennial (every two years)
C) Triennial
D) Every five years
Answer: B) Licenses are biennial and expire in accordance with a schedule. Licenses are renewed
with fees of $200 if issued in the first year of a biennium or $100 if in the second year .
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5. The Ohio Revised Code sections relevant to auctioneering are primarily found in:
A) ORC Chapter 4707
B) ORC Chapter 4517
C) ORC Chapter 943
D) ORC Chapter 5703
Answer: A) The auctioneer law is codified in ORC Chapter 4707 .
SECTION 2: UNLICENSED PRACTICE & PROHIBITED ACTS
6. A charity organization wants to conduct a fundraising auction. What is required?
A) No license is needed for charity auctions
B) A licensed auctioneer must conduct the auction
C) A charity permit from the Department of Agriculture
D) Only a notary public is required
Ohio (OH) Auctioneer Exam Practice Questions
& Answers VERIFIED SOLUTIONS LATEST
UPDATE THIS YEAR
Ohio (OH) Auctioneer Exam Practice
Here is an overview of the Ohio Auctioneer exam based on current regulations (ORC Chapter
4707). This practice exam covers key areas you'll need to know.
EXAM COVERAGE SUMMARY
The Ohio Auctioneer Exam is administered by the Ohio Department of Agriculture . The exam
tests knowledge of the Ohio Revised Code (ORC) Chapter 4707, Ohio Administrative Code (OAC)
Chapter 901:8-2, professional ethics, and auctioneering practices . It is offered twelve times
each year at the Department of Agriculture in Reynoldsburg .
Key topics include:
• Licensing Requirements (ORC 4707.07)
• Unlicensed Practice & Prohibited Acts (ORC 4707.02)
• Bonding & Financial Responsibility (ORC 4707.11)
• Escrow & Trust Account Management (ORC 4707.024)
• Examination & Retake Policies (ORC 4707.08)
• License Renewal & Continuing Education (ORC 4707.101)
• Auction Firm Licensing (ORC 4707.074)
• Ethics & Professional Conduct
• Ohio Auction Recovery Fund
QUESTIONS & ANSWERS
SECTION 1: LICENSING AUTHORITY & GOVERNING LAWS
,Page 2 of 137
1. The Ohio Department that licenses auctioneers is the:
A) Department of Commerce
B) Department of Agriculture
C) Department of Public Safety
D) Department of Administrative Services
Answer: B) The Ohio Department of Agriculture (ODA) licenses and regulates auctioneers and
auction firms under ORC Chapter 4707 .
2. The State Auctioneers Commission is part of which state agency?
A) Department of Commerce
B) Department of Agriculture
C) Department of Public Safety
D) Department of Administrative Services
Answer: B) The State Auctioneers Commission operates under the Ohio Department of
Agriculture .
,Page 3 of 137
3. What is the minimum age requirement for an auctioneer license applicant in Ohio?
A) 16 years
B) 18 years
C) 21 years
D) 25 years
Answer: B) Ohio Revised Code Section 4707.07 requires applicants to be at least 18 years of
age .
4. What is the license renewal cycle for Ohio auctioneers?
A) Annual
B) Biennial (every two years)
C) Triennial
D) Every five years
Answer: B) Licenses are biennial and expire in accordance with a schedule. Licenses are renewed
with fees of $200 if issued in the first year of a biennium or $100 if in the second year .
, Page 4 of 137
5. The Ohio Revised Code sections relevant to auctioneering are primarily found in:
A) ORC Chapter 4707
B) ORC Chapter 4517
C) ORC Chapter 943
D) ORC Chapter 5703
Answer: A) The auctioneer law is codified in ORC Chapter 4707 .
SECTION 2: UNLICENSED PRACTICE & PROHIBITED ACTS
6. A charity organization wants to conduct a fundraising auction. What is required?
A) No license is needed for charity auctions
B) A licensed auctioneer must conduct the auction
C) A charity permit from the Department of Agriculture
D) Only a notary public is required
