LA Auctioneer Practice Questions - Louisiana Licensed Auctioneer Exam

Which of the following is an appropriate use of the auctioneer's advertising in Louisiana?

Claiming items are worth more than their actual appraised value Providing truthful, accurate descriptions of items and clearly stating auction terms, including buyer's premium and reserve/absolute status Using a competitor auctioneer's license number in the advertisement Advertising guaranteed returns on purchases

Correct Answer:

Providing truthful, accurate descriptions of items and clearly stating auction terms, including buyer's premium and reserve/absolute status

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