IL Auctioneer Practice Questions - Illinois Licensed Auctioneer Exam

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An auctioneer is asked by the seller to misrepresent the condition of a vehicle being auctioned. What should the auctioneer do?

Follow the seller's instructions because the seller is the principal Refuse to make the misrepresentation and consider terminating the agency relationship Make the misrepresentation but note it in personal records Ask the buyer if they want accurate information

Correct Answer:

Refuse to make the misrepresentation and consider terminating the agency relationship

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