SC Auctioneer Practice Questions - South Carolina Licensed Auctioneer Exam

A South Carolina auctioneer is hired to conduct a benefit auction for a nonprofit. Are they required to hold a license?

No, charitable auctions never require a license Generally yes, though certain statutory exemptions may apply for bona fide charitable organizations; the auctioneer should verify the exemption applies Only if the auction raises more than $10,000 Only if admission is charged

Correct Answer:

Generally yes, though certain statutory exemptions may apply for bona fide charitable organizations; the auctioneer should verify the exemption applies

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