AL Auctioneer Practice Questions - Alabama Licensed Auctioneer Exam

In a reserve auction, what right does the seller retain?

The right to withdraw the goods at any time before the auctioneer announces completion of sale The right to place bids on their own property The right to reject the highest bid after the hammer falls The right to change the terms of sale during the auction

Correct Answer:

The right to withdraw the goods at any time before the auctioneer announces completion of sale

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