TN Auctioneer Practice Questions - Tennessee Licensed Auctioneer Exam

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A Tennessee auctioneer is hired to conduct an estate auction. The auctioneer discovers that an item in the estate may be stolen property. What should the auctioneer do?

Sell the item anyway since the estate hired them Refuse to sell the item and notify the appropriate authorities Sell the item but disclose the concern to bidders Remove the item and keep it for personal use

Correct Answer:

Refuse to sell the item and notify the appropriate authorities

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