MA Auctioneer Practice Questions - Massachusetts Licensed Auctioneer Exam

What is the fiduciary duty of an auctioneer to the seller?

To maximize the auctioneer's commission To act in the best interest of the seller with loyalty, care, and good faith To ensure the buyer receives the best possible deal To minimize the time required for the auction

Correct Answer:

To act in the best interest of the seller with loyalty, care, and good faith

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