PA Auctioneer Exam questions with correct answers

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 handled? CORRECT ANSWER nize 2. make a decision 3. act on it 4. move on what is the importance of the opening talk? CORRECT ANSWER take control- terms and conditions what items must be covered in the opening talk before bidding begins? CORRECT ANSWER terms and conditions of the sale what should an auctioneer not do while selling on the block? CORRECT ANSWER criticize, condemn and complain