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Pa Auctioneer Exam 2025 Actual Exam Questions And Correct Answers (Verified Answers) | Latest Edition | Already Graded A+

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PA AUCTIONEER EXAM 2025 ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) | LATEST EDITION | ALREADY GRADED A+

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PA AUCTIONEER EXAM 2025 ACTUAL EXAM
QUESTIONS AND CORRECT ANSWERS (VERIFIED
ANSWERS) | LATEST EDITION | ALREADY GRADED A+
what is the most important tool of the auctioneer? - (answers)product knowledge



what is the trademark of the auctioneer? - (answers)chant



who is accountable and accepts ultimate responsibility of at the auction? -
(answers)the auctioneer



when selling personal property at auction, when does the legal title pass? -
(answers)fall of the hammer



how do you handle a tie bid that occurs at hammer's fall? - (answers)at the
discretion of the auctioneer



how are disputes handled? - (answers)1.recognize 2. make a decision 3. act on it
4. move on



what is the importance of the opening talk? - (answers)take control- terms and
conditions



what items must be covered in the opening talk before bidding begins? -
(answers)terms and conditions of the sale

, 2




what should an auctioneer not do while selling on the block? - (answers)criticize,
condemn and complain



what is the best personal property chant? - (answers)few filler words



what is trotting? - (answers)price enhancing technique used by an auctioneer who
has no bid or few and lower bids then wanted. Auctioneer pretends that they
have other bids to stimulate the bidding by legitimate bidders- It is illegal



what is a shill? - (answers)a price enhancing technique, used by an auctioneer 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 auctioneer- It is illegal and
unethical



what is puffing? - (answers)a price enhancing technique that may originate with a
person employed by the seller to raise the selling price by facilitating bids- Illegal,
contract is then void or voidable



what is a fast knock? - (answers)a technique used to stimulate excitement
amongst bidders, auctioneer asked for a low opening bid and "knocks it down" to
the 1st bidder he or she recognizes- Legal



what is salting? - (answers)moving one item from one box to yours, stealing-
illegal

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Uploaded on
February 25, 2025
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