Absolute auction Study guides, Class notes & Summaries

GA Auction Study Guide Exam Questions With 100% Correct Answers An auction listing contract - answerMust be written to be enforceable Seller - answerIn the contracting to operate a consignment auction this determine the rules of the sale between the auctioneer and the _____ If a public auction your seller directs you to disregard ethical behavior, you should: - answerAvoid the seller A real estate deed is a document to determine; - answerConvey land ownership An auctioneers license numbe...

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 After the auctioneer calls for bids on an article or lot, that article or lot cannot be withdrawn unless no bid is made within a reasonable time Auction with reserve - correct answer.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

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...

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 ...

State of Colorado Motor Vehicle Dealer Board Mastery Examination with Absolute Solution The Motor Vehicle Dealer Board has among its members - Board is comprised of three (3) motor vehicle dealers, three (3) used motor vehicle dealers, and three (3) public members The Motor Vehicle Dealer Board is authorized and empowered to a. issue or deny buyer agent licenses b. issue or deny manufacturer representative licenses c. issue or deny motor vehicle dealer and salesperson licenses ...

Auctioneer Exam Questions With 100% Correct Answers 2024 Auction - answermethod 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 - answerany person who engages or who by advertising or otherwise holds the person out as being able to engage in the calling for rec...

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...