Indiana Auctioneer Licensure Exam questions with correct answers

A composition of copper and silver is identified as which? CORRECT ANSWER Pewter When weighing silver, an ounce is what part of a pound? CORRECT ANSWER 1/12 18 karat gold jewelry is what percent gold? CORRECT ANSWER .75 An alloy of tin, lead and brass or copper is characteristic of? CORRECT ANSWER Pewter The design of a rug from which a weaver works is called? CORRECT ANSWER Weft treads Thread running from the top to bottom of a run is called what? CORRECT ANSWER Warp threads What information is obtained from the tag of an oriental rug? CORRECT ANSWER City of origin A buyer and seller agree on the purchase price of a property with no pressure on either party. This price is referred to as: CORRECT ANSWER Market value Is the signature of the current owner required in the preparation of a personal property appraisal? CORRECT ANSWER No