MA Auctioneer Practice Questions - Massachusetts Licensed Auctioneer Exam

Which of the following must an auctioneer disclose about a conflict of interest?

Only financial conflicts exceeding $10,000 Any personal, financial, or familial interest in the auction property or transaction Only conflicts involving direct ownership of auction items Conflicts need not be disclosed if the auction is 'as is'

Correct Answer:

Any personal, financial, or familial interest in the auction property or transaction

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