LA Auctioneer Practice Questions - Louisiana Licensed Auctioneer Exam

Which of the following best describes 'puffing' in auction terminology?

Inflating the value of an item through shill bidding An auctioneer's use of exaggerated opinions or general praise that a reasonable person would not rely on as fact Blowing dust off antique items before display Rapidly increasing bid increments to speed up the auction

Correct Answer:

An auctioneer's use of exaggerated opinions or general praise that a reasonable person would not rely on as fact

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