Indiana Auctioneer Licensure Exam with latest questions and answers 2023/24

Indiana Auctioneer Licensure Exam with latest questions and answers A composition of copper and silver is identified as which? -ANS Pewter When weighing silver, an ounce is what part of a pound? -ANS 1/12 18 karat gold jewelry is what percent gold? -ANS .75 An alloy of tin, lead and brass or copper is characteristic of? -ANS Pewter The design of a rug from which a weaver works is called? -ANS Weft treads Thread running from the top to bottom of a run is called what? -ANS Warp threads What information is obtained from the tag of an oriental rug? -ANS City of origin A buyer and seller agree on the purchase price of a property with no pressure on either party. This price is referred to as: -ANS Market value Is the signature of the current owner required in the preparation of a personal property appraisal? -ANS No Which of the following would be considered a seasonal item when appraising personal property? Choose the letter. A. Household items B. Farm Machinery C. Horses -ANS B You are appraising a piece of personal property. Which of the following is not factored into the appraisal? Choose the letter. A. Condition of the item B. Age of the item C. Availability of like items D. Am