TN Auctioneer Practice Questions - Tennessee Licensed Auctioneer Exam

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An auctioneer in Tennessee is conducting an online auction. Do the same licensing requirements apply as for in-person auctions?

No, online auctions are not regulated in Tennessee Yes, any person conducting auctions for compensation in Tennessee must be licensed regardless of the format Only if the online auction involves items worth over $1,000 Only if the auctioneer is physically located in Tennessee

Correct Answer:

Yes, any person conducting auctions for compensation in Tennessee must be licensed regardless of the format

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