Texas Auctioneer License-Part 1 Study Guide Graded A+

Is the state considered a business consumer? {Ans: No.}True or False. A "consumer" is any person or entity that seeks to buy goods or services. {Ans: False. A business consumer with more than $25M in assets does not fall in the "consumer" category and is treated different by the law.}Can alcoholic beverages be auctioned? {Ans: Yes, with a temporary permit for up to 5 days as long as it is a fundraiser/benefit auction and located off his business premises. The beverages must be donated and cannot be solicited by the auctioneer. No taxes can be owed on the beverages.}What is a salvage broker? {Ans: A person who engages in the business of selling,distributing, or otherwise trafficking in distressed or salvaged merchandise, but who does not operate a salvage establishment.}A seller of used mattresses can sell to consumers as long as he sprays it with a can of disinfectant spray. {Ans: False. Read TITLE 25. HEALTH SERVICES PART 1. DEPARTMENT OF STATE HEALTH SERVICES CHAPTER 205. PRODUCT SAFETY SUBCHAPTER A. BEDDING RULES; It cannot be a spray but must be a liquid and must be an "approved" method of disinfection.}Define "wholesaler." {Ans: A person who