TN Auctioneer Practice Questions - Tennessee Licensed Auctioneer Exam

Which of the following is an ethical obligation unique to the auctioneer profession?

Maximizing personal profit at all costs Maintaining impartiality between competing bidders while simultaneously acting as the seller's agent Always accepting the lowest bid Refusing to sell items from estates

Correct Answer:

Maintaining impartiality between competing bidders while simultaneously acting as the seller's agent

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