MA Auctioneer Practice Questions - Massachusetts Licensed Auctioneer Exam

What duty does an auctioneer owe to the buyer in terms of property description?

No duty because the buyer bids at their own risk A duty to provide honest and accurate descriptions and not to misrepresent material facts A duty to guarantee the authenticity of all items A duty to refund the purchase price if the buyer is dissatisfied

Correct Answer:

A duty to provide honest and accurate descriptions and not to misrepresent material facts

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