Pa Auctioneer Exam 2023/2024 With 100% Correct Answers

Advertising collectibles were manufactured and given as what? {Ans: Premiums (promotional items, tokens, proof of purchase or prizes)}define personal property {Ans: chittle, tangible, moveable}How pure is silver? {Ans: 99.9% or .999 this is fine silver, too soft for jewlery making}how are most furniture styles named? {Ans: Named for a prominent designer at a particular time period}what is a fast knock? {Ans: a technique used to stimulate excitement amongst bidders, auctioneer asked for a low opening bid and "knocks it down" to the 1st bidder he or she recognizes- Legal}what is the period of furniture with a cabriole leg? {Ans: Queen Anne period in America, known also as the "cabriole leg" period}what is an easement? how is an easement created? terminated? {Ans: right of privilege, written agreement, abandoned/no purpose}what is a fee simple estate? Name the forms {Ans: highest form of ownership, most complete form of ownership; Absolute}what are the legal requirements of a will? {Ans: sound mind, 16 years of age, proper wording, no influence, witnesses,}what is the best personal property chant? {Ans: few filler words}what does escheat mean? {Ans: when a person dies and all their belongings go