OH Auctioneer Practice Questions - Ohio Licensed Auctioneer Exam

What is the relationship between an auctioneer and the seller in a typical consignment auction?

Employer-employee Principal-agent, with the seller as principal and auctioneer as agent Equal partners Independent contractors with no fiduciary relationship

Correct Answer:

Principal-agent, with the seller as principal and auctioneer as agent

Access more questions from this quiz

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

Access More Questions