TN Auctioneer Practice Questions - Tennessee Licensed Auctioneer Exam

Under Tennessee law, can an auctioneer refuse to accept a bid from a particular person?

No, auctioneers must accept all bids from anyone present Yes, the auctioneer has discretion to refuse bids from persons who are known to default, are disruptive, or for other legitimate reasons Only law enforcement can exclude someone from bidding The auctioneer can only refuse bids under $100

Correct Answer:

Yes, the auctioneer has discretion to refuse bids from persons who are known to default, are disruptive, or for other legitimate reasons

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