TN Auctioneer Practice Questions - Tennessee Licensed Auctioneer Exam

What is 'absentee bidding' and how is it handled at a Tennessee auction?

Bidding by someone who has never attended an auction before Allowing prospective buyers to submit written bids in advance to be executed by the auctioneer on their behalf Bidding after the auction has ended An illegal practice not permitted in Tennessee

Correct Answer:

Allowing prospective buyers to submit written bids in advance to be executed by the auctioneer on their behalf

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