SC Auctioneer Practice Questions - South Carolina Licensed Auctioneer Exam

Under SC UCC provisions for bulk sales, when must notice be given to creditors before a bulk auction sale?

No notice is required At least 45 days before the buyer takes possession of or pays for the goods, whichever is first The day of the auction 30 days after the auction

Correct Answer:

At least 45 days before the buyer takes possession of or pays for the goods, whichever is first

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