Texas auctioneer license - Study guides, Class notes & Summaries

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

Texas Auctioneer License Exam Questions With Verified Answers Latest Updated 2024 (GRADED) Does an auc*oneer need a federal firearms license? Yes AND No; if estate sale then no, consignment sale then yes If an auc*oneer sales a firearm away from their business loca*on, how do they transfer to buyer? It must be returned to their business loca*on before transferring. Who determines the auc*oneers fee in federal bankruptcy court? The court sets the fee. Who must obtain a firearms license? ...

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 ANSWER The court sets the fee. Who must obtain a firearms license? CORRECT ANSWER Persons in the business of...

Texas Auctioneer License Part 1 Exam With Verified Solutions .

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, or import...

Texas Auctioneer License-Part 1 Test Questions With Correct Answers | PASSED | UPDATED Does an auctioneer need a federal firearms license? - 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? - ANSWER It must be returned to their business location before transferring. Who determines the auctioneers fee in federal bankruptcy court? - ANSWER The court sets the fee. Who ...

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 ...

Texas Auctioneer License Exam Questions With Solutions | 2023-2024 | Verified. A contract is rendered invalid if it's exact commencement is not noted. False. An agreement sufficient to cons*tute a contract for sale may be found even though the moment of its making is undetermined. True of False. When a lot is sold with other lots owned by the same seller, all lots are considered one "sale". False. Each lot is a different "sale". When is the sale complete at auc*on? when the auc*onee...

Texas Auctioneer License Exam Questions and Answers | Latest 2023-2024 | GRADE. Who must obtain a firearms license? Persons in the business of impor*ng, manufacturing, or dealing in firearms, or impor*ng or manufacturing ammuni*on What is an an*que? Any work of art, piece of furniture, decora*ve object, or the like, created or produced in a former period, or, according to U.S. customs laws, 100 years before date of purchase. What is "provenance"? Place or source of origin; the history o...