NH Auctioneer Practice Questions - New Hampshire Licensed Auctioneer Exam

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A New Hampshire auctioneer discovers that a consigned item may be stolen property. What is the appropriate course of action?

Proceed with the auction and let the buyer take the risk Remove the item from the auction and notify law enforcement Sell the item but hold the proceeds in escrow Return the item to the consignor without further action

Correct Answer:

Remove the item from the auction and notify law enforcement

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