Absolute auction Study guides, Class notes & Summaries

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...

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...

Offer and Acceptance (OandA) REQUIREMENTS FOR A BINDING CONTRACT Offer and Acceptance + Intention to create legal relations (ICLR) + Consideration REQUIREMENTS FOR A VALID OFFER Certainty of offer • An offer must be clear and certain • Gibson v Manchester City Council (1979): There was no binding contract because there was never an offer made by the council. ‘May be prepared to sell” = not sufficiently clear and certain – merely first step in negotiations Intention to be bou...

Auctioneer Exam with updated questions and answers 2023 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 ...

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 After the auctioneer calls for bids on an article or lot, that article or lot cannot be withdrawn unless no bid is made within a reasonable time Auction with reserve - correct answer.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...

AYOP Principles of Real Estate 1 Exam With 100% Correct Answers 2024 Fixity - answerland and buildings and other improvements to land require long periods of time to pay for themselves(investment permanence) Situs - answerlocation preference from an economic standpoint rather than geographical Economic Characteristics of Land - answerscarcity, modification, fixity, situs 3 physical characteristics of land - answernon-homogeneity, immobility, and indestructibility Texas Real Estate License...

AYOP Principles of Real Estate 1 Exam Questions And Answers Fixity - ANS land and buildings and other improvements to land require long periods of time to pay for themselves(investment permanence) Situs - ANS location preference from an economic standpoint rather than geographical Economic Characteristics of Land - ANS scarcity, modification, fixity, situs 3 physical characteristics of land - ANS non-homogeneity, immobility, and indestructibility Texas Real Estate Lic...

Auctioneer Exam Quizzes & Ans…

Texas Auctioneer License-Part 1 questions and answers 100% guaranteed success. Does an auctioneer need a federal firearms license? - correct answer. 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? - correct answer. It must be returned to their business location before transferring. Who determines the auctioneers fee in federal bankruptcy court? - correct ...

Offer and Acceptance: MODULE 1 CONTRACT LAW: OFFER AND ACCEPTANCE lecture 1; Offer + Acceptance = Agreement Terminology; Offeror- person making the offer Offeree- person being made the offer Bilateral offer- both parties assum an obligation to each other Unilateral contract- one party makes an offer in terms which call for an act be performed by one or more other parties i.e. putting up a payment for return of lost pet Offer/ Acceptance + intention to create legal considerations + consi...