AL Auctioneer Practice Questions - Alabama Licensed Auctioneer Exam

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An Alabama auctioneer charges a buyer a 'storage fee' for items not picked up within the announced removal deadline. Is this permissible?

Yes, if the storage fee was disclosed in the terms and conditions of sale before bidding began No, auctioneers may never charge storage fees in Alabama Only if the fee is under $50 per day Only if the buyer provides written consent after the auction

Correct Answer:

Yes, if the storage fee was disclosed in the terms and conditions of sale before bidding began

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