WI Auctioneer Practice Questions - Wisconsin Licensed Auctioneer Exam

In a Wisconsin auction without reserve, once bidding has opened on an item, the auctioneer:

May withdraw the item if the price is too low Must sell to the highest bidder regardless of price Can cancel the sale and relist the item next week May require a minimum increment to continue

Correct Answer:

Must sell to the highest bidder regardless of price

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