PA AUCTIONEER EXAM 2026 ACTUAL EXAM 120
QUESTIONS AND CORRECT ANSWERS WITH
RATIONALES 2026/2027 (VERIFIED ANSWERS) |
ALREADY GRADED A+
Save
Terms in this set (77)
what is the most important tool of product knowledge
the auctioneer?
what is the trademark of the chant
auctioneer?
who is accountable and accepts the auctioneer
ultimate responsibility of at the
auction?
when selling personal property at fall of the hammer
auction, when does the legal title
pass?
how do you handle a tie bid that at the discretion of the auctioneer
occurs at hammer's fall?
how are disputes handled? 1.recognize 2. make a decision 3. act on it 4. move
on
, what is the importance of the take control- terms and conditions
opening talk?
what items must be covered in the terms and conditions of the sale
opening talk before bidding begins?
what should an auctioneer not do criticize, condemn and complain
while selling on the block?
what is the best personal property few filler words
chant?
what is trotting? price enhancing technique used by an auctioneer
who has no bid or few and lower bids then wanted.
Auctioneer pretends that they have other bids to
stimulate the bidding by legitimate bidders- It is
illegal
what is a shill? a price enhancing technique, used by an
auctioneer to inflate the bids whereby and
individual is placed in the audience to run up the
bids to a predetermined amount usually set by the
auctioneer- It is illegal and unethical
what is puffing? a price enhancing technique that may originate
with a person employed by the seller to raise the
selling price by facilitating bids- Illegal, contract is
then void or voidable
what is a fast knock? a technique used to stimulate excitement amongst
bidders, auctioneer asked for a low opening bid
and "knocks it down" to the 1st bidder he or she
recognizes- Legal
QUESTIONS AND CORRECT ANSWERS WITH
RATIONALES 2026/2027 (VERIFIED ANSWERS) |
ALREADY GRADED A+
Save
Terms in this set (77)
what is the most important tool of product knowledge
the auctioneer?
what is the trademark of the chant
auctioneer?
who is accountable and accepts the auctioneer
ultimate responsibility of at the
auction?
when selling personal property at fall of the hammer
auction, when does the legal title
pass?
how do you handle a tie bid that at the discretion of the auctioneer
occurs at hammer's fall?
how are disputes handled? 1.recognize 2. make a decision 3. act on it 4. move
on
, what is the importance of the take control- terms and conditions
opening talk?
what items must be covered in the terms and conditions of the sale
opening talk before bidding begins?
what should an auctioneer not do criticize, condemn and complain
while selling on the block?
what is the best personal property few filler words
chant?
what is trotting? price enhancing technique used by an auctioneer
who has no bid or few and lower bids then wanted.
Auctioneer pretends that they have other bids to
stimulate the bidding by legitimate bidders- It is
illegal
what is a shill? a price enhancing technique, used by an
auctioneer to inflate the bids whereby and
individual is placed in the audience to run up the
bids to a predetermined amount usually set by the
auctioneer- It is illegal and unethical
what is puffing? a price enhancing technique that may originate
with a person employed by the seller to raise the
selling price by facilitating bids- Illegal, contract is
then void or voidable
what is a fast knock? a technique used to stimulate excitement amongst
bidders, auctioneer asked for a low opening bid
and "knocks it down" to the 1st bidder he or she
recognizes- Legal
