IL Auctioneer Practice Questions - Illinois Licensed Auctioneer Exam

What is the auctioneer's obligation if two bidders simultaneously place the same bid?

Automatically award the item to the bidder closest to the auctioneer Reopen the bidding between the two bidders Flip a coin to determine the winner Cancel the lot and remove it from the auction

Correct Answer:

Reopen the bidding between the two bidders

Access more questions from this quiz

Continue to IL Auctioneer Practice Questions - Illinois Licensed Auctioneer Exam for more practice questions and the full quiz experience.

Access More Questions