Absolute auction Study guides, Class notes & Summaries
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Ky Board of Auctioneer Test Questions With Answers
- Exam (elaborations) • 11 pages • 2023
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Ky Board of Auctioneer Test Questions With Answers 
 
Absolute Auction - ANS After the auctioneer calls for bids on an article or lot, that article or lot cannot be 
withdrawn unless no bid is made within a reasonable time 
 
Auction with reserve - ANS when the auctioneer may withdraw the property at any time until he or she announces the completion of the sale. The potential bidders are the offerors 
 
Auction with reserve and the sellers reserving the right to bid - ANS The auctio...
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Auction Exam Questions With 100% Correct Answers 2024
- Exam (elaborations) • 12 pages • 2024
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Auction Exam Questions With 100% Correct Answers 2024
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Auctioneer Exam questions and answers 100% verified.
- Exam (elaborations) • 3 pages • 2024
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Auctioneer Exam questions and answers 100% verified. 
 
 
 
 
 
 
 
 
 
Auction - correct answer. method of sale of real or personal property, goods, or chattels, at a predetermined date and time, by means of verbal exchange, regular mail, telecommunications, the internet, an electronic transmission, or a physical gesture between an auctioneer and members of the audience 
 
Auctioneer - correct answer. any person who engages or who by advertising or otherwise holds the person out as being ab...
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Auctioneer Exam questions and answers 100% guaranteed success.
- Exam (elaborations) • 3 pages • 2024
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Auctioneer Exam questions and answers 100% guaranteed success. 
 
 
 
 
 
 
 
 
 
 
Auction - correct answer. method of sale of real or personal property, goods, or chattels, at a predetermined date and time, by means of verbal exchange, regular mail, telecommunications, the internet, an electronic transmission, or a physical gesture between an auctioneer and members of the audience 
 
Auctioneer - correct answer. any person who engages or who by advertising or otherwise holds the person out...
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Auctioneer Exam Questions with 100% Correct Answers
- Exam (elaborations) • 3 pages • 2023
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Auction Correct Answer method of sale of real or personal property, goods, or chattels, at a predetermined date and time, by means of verbal exchange, regular mail, telecommunications, the internet, an electronic transmission, or a physical gesture between an auctioneer and members of the audience 
 
Auctioneer Correct Answer any person who engages or who by advertising or otherwise holds the person out as being able to engage in the calling for recognition of and the acceptance of offers the pu...
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Ky Board of Auctioneer Test questions and answers latest top score.
- Exam (elaborations) • 12 pages • 2024
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- $12.49
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Ky Board of Auctioneer Test questions and answers latest top score. 
 
 
 
 
 
 
 
 
Absolute Auction - correct answer. After the auctioneer calls for bids on an article or lot, that article or lot cannot be 
withdrawn unless no bid is made within a reasonable time 
 
Auction with reserve - correct answer. when auctioneer may withdraw the property at any time until he or she announces the completion of the sale. The potential bidders are the offerors 
 
Auction with reserve and the sellers r...
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AYOP Principles of Real Estate 1 Questions & Answers 100% Correct!!
- Exam (elaborations) • 14 pages • 2024
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Fixity - ANSWER-land and buildings and other improvements to land require long periods of time to pay for themselves(investment permanence) 
 
Situs - ANSWER-location preference from an economic standpoint rather than geographical 
 
Economic Characteristics of Land - ANSWER-scarcity, modification, fixity, situs 
 
3 physical characteristics of land - ANSWER-non-homogeneity, immobility, and indestructibility 
 
Texas Real Estate License Act - ANSWER-Passed in 1949 and created TREC. It consist of...
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Auctioneer Exam questions and answers latest top score.
- Exam (elaborations) • 3 pages • 2024
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- $10.49
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Auctioneer Exam questions and answers latest top score. 
 
 
 
 
 
 
 
 
 
Auction - correct answer. method of sale of real or personal property, goods, or chattels, at a predetermined date and time, by means of verbal exchange, regular mail, telecommunications, the internet, an electronic transmission, or a physical gesture between an auctioneer and members of the audience 
 
Auctioneer - correct answer. any person who engages or who by advertising or otherwise holds the person out as being...
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Ky Board of Auctioneer Test questions and answers well illustrated.
- Exam (elaborations) • 12 pages • 2024
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- $11.99
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Ky Board of Auctioneer Test questions and answers well illustrated. 
 
 
 
 
 
 
 
 
 
Absolute Auction - correct answer. After the auctioneer calls for bids on an article or lot, that article or lot cannot be 
withdrawn unless no bid is made within a reasonable time 
 
Auction with reserve - correct answer. when auctioneer may withdraw the property at any time until he or she announces the completion of the sale. The potential bidders are the offerors 
 
Auction with reserve and the sellers...
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Texas Auctioneer License-Part 1 Study Questions and Answers 2023
- Exam (elaborations) • 6 pages • 2023
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Does an auctioneer need a federal firearms license? - Yes AND No; if estate sale then no, consignment sale then yes 
 
If an auctioneer sales a firearm away from their business location, how do they transfer to buyer? - It must be returned to their business location before transferring. 
 
Who determines the auctioneers fee in federal bankruptcy court? - The court sets the fee. 
 
Who must obtain a firearms license? - Persons in the business of importing, manufacturing, or dealing in firearms, o...
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