AL Auctioneer Practice Questions - Alabama Licensed Auctioneer Exam

When an auctioneer acts as a 'dual agent' in Alabama, what obligation arises?

The auctioneer must disclose the dual agency to both parties and obtain informed consent The auctioneer may keep the dual relationship confidential Dual agency is always prohibited in Alabama The auctioneer's commission is automatically doubled

Correct Answer:

The auctioneer must disclose the dual agency to both parties and obtain informed consent

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