Auctioneer license - Study guides, Class notes & Summaries

TEXAS AUCTIONEER LICENSE EXAM ACTUAL EXAM COMPLETE 200 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) ALREADY GRADED A+

TEXAS AUCTIONEER LICENSE EXAM ACTUAL EXAM COMPLETE 200 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) ALREADY GRADED A+

True/False: The Arkansas Auctioneers Licensing Board is appointed by vote of the Arkansas General Assembly Correct Answer False - The governor shall appoint the members of the Board All auctioneer licenses expire: Correct Answer June 30th True/False: The Arkansas Auctioneers Licensing Board has the final decision in the suspension or revocation of an auctioneer's license. Correct Answer False - The Auctioneers License Act indicates the "Board shall be subject to the Arkansas Administrati...

TEXAS AUCTIONEER LICENSE-PART 1

When the terms of an agreement are declared by the parties, an ______________ has been made. correct answers Express Contract An expression by 2 or more persons of a common intention to create a legal expression is an ___________. correct answers Agreement A _________ is an agreement that creates an obligation between 2 or more parties. correct answers Contract Authority given to an agent may be ___________ or __________. correct answers Expressed, Implied A principal or agent may te...

Texas Auctioneer License-Part 2 Exam Solved 100% Correct

Texas Auctioneer License-Part 1 Questions and Answers

Name some persons that are exempt from needing an auctioneer license. 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. livestoc...

Texas Auctioneer License-Part 1 Exam With 100% Correct Answers 2024