OH Auctioneer Practice Questions - Ohio Licensed Auctioneer Exam

Under Ohio law, what is 'conversion' in the context of auctioneer misconduct?

Converting an auction from absolute to reserve The unauthorized use or appropriation of another person's property or funds for the auctioneer's own benefit Converting paper records to digital format Changing the auction date

Correct Answer:

The unauthorized use or appropriation of another person's property or funds for the auctioneer's own benefit

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