Texas Auctioneer License-Part 2 (Latest 2026) || Most
Recent Exam 2026|2027 Actual Complete Real Exam
Questions And Correct Answers (Verified Answers)
Already Graded A+ | Guaranteed Success!! Latest
Version | Brand New!!
Name some persons that are exempt from needing an
auctioneer license. -
ANSWER-1. U.S. court ordered sale
2. A government sponsored or conducted sale.
3. A charitable organization as long as no compensation
4. A sale of real property by a trustee under a security
instrument.
5.A sale of real property by an owner with an interest or
employee (unless he/she is a licensed auctioneer by trade) and
all property is under a security instrument
6. sealed bid auction w/o option to bid again
7. livestock sales
8. automobile auctions
The person appointed to handle an estate when there is no
will is called a(n)
________________________________________. - ANSWER-
administrato
r
A person appointed to administer an estate with a will is a(n)
,__________________________________________. - ANSWER-
executor
(executrix)
A ___________________animal has unknown ancestry or has
mixed ancestry.
- ANSWER-
grade
A person is said to have died _____________________ if they
have no will. -
ANSWER-
intestate
T or F. The value of registered cattle is estimated based
on their size. -
ANSWER-False. Value is based on
reproduction.
What person is charged with recording auction sales, what is
being sold, who
bought it and the price paid? - ANSWER-
auction clerk
What are the most common woods used in making furniture
that is considered
"antique"? - ANSWER-cherry,
walnut, oak
, The Victorian period is the years including... - ANSWER-1837-
1900
The Arts and Crafts Period is also known as the
___________________ period.
- ANSWER-Eduardian;
1900-1923
Art Deco was a style created in the years...... - ANSWER-1924-
1940
What are the two basic types of auto auctions? - ANSWER-1.
wholesale and 2
public
A yellow light at an automobile auction means what? -
ANSWER-Defects are
announced by the seller. The bidder has a right
to inspect.
A red light at an automobile auction has what meaning? -
ANSWER-As-is;
buyer
beware
A ______________________________ deed provides the
passing of the best
title by warranting the title. - ANSWER-
general warranty
Recent Exam 2026|2027 Actual Complete Real Exam
Questions And Correct Answers (Verified Answers)
Already Graded A+ | Guaranteed Success!! Latest
Version | Brand New!!
Name some persons that are exempt from needing an
auctioneer license. -
ANSWER-1. U.S. court ordered sale
2. A government sponsored or conducted sale.
3. A charitable organization as long as no compensation
4. A sale of real property by a trustee under a security
instrument.
5.A sale of real property by an owner with an interest or
employee (unless he/she is a licensed auctioneer by trade) and
all property is under a security instrument
6. sealed bid auction w/o option to bid again
7. livestock sales
8. automobile auctions
The person appointed to handle an estate when there is no
will is called a(n)
________________________________________. - ANSWER-
administrato
r
A person appointed to administer an estate with a will is a(n)
,__________________________________________. - ANSWER-
executor
(executrix)
A ___________________animal has unknown ancestry or has
mixed ancestry.
- ANSWER-
grade
A person is said to have died _____________________ if they
have no will. -
ANSWER-
intestate
T or F. The value of registered cattle is estimated based
on their size. -
ANSWER-False. Value is based on
reproduction.
What person is charged with recording auction sales, what is
being sold, who
bought it and the price paid? - ANSWER-
auction clerk
What are the most common woods used in making furniture
that is considered
"antique"? - ANSWER-cherry,
walnut, oak
, The Victorian period is the years including... - ANSWER-1837-
1900
The Arts and Crafts Period is also known as the
___________________ period.
- ANSWER-Eduardian;
1900-1923
Art Deco was a style created in the years...... - ANSWER-1924-
1940
What are the two basic types of auto auctions? - ANSWER-1.
wholesale and 2
public
A yellow light at an automobile auction means what? -
ANSWER-Defects are
announced by the seller. The bidder has a right
to inspect.
A red light at an automobile auction has what meaning? -
ANSWER-As-is;
buyer
beware
A ______________________________ deed provides the
passing of the best
title by warranting the title. - ANSWER-
general warranty
