Download or read book North Carolina Auctioneer License Exam written by Examreview and published by Createspace Independent Publishing Platform. This book was released on 2016-01-26 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: In North Carolina it is the Auctioneer Licensing Board that administers auctioneer licensing. An "Auctioneer" is precisely defined as a person who conducts or offers to conduct auctions through activities such as calling bids, contracts for auctions, accepts consignments of items for sale at auction, advertises an auction, offers items for sale at auction, accepts payment or disburse monies for items sold at auction, or otherwise, solicits, arranges, sponsors, or manages an auction or holds themselves out as an auctioneer...etc. Auctioneer exams are given 6 times a year at the Board's office. To be eligible one must either have a North Carolina apprentice auctioneer license for the preceding two years and accumulated sufficient knowledge and experience in the auctioneer profession or have successfully completed at least 80 hours of classroom instruction at an approved auctioneer school. We give you knowledge information relevant to the exam specification. To be able to succeed in the real exam, you'll need to apply your earned knowledge to the question scenarios. Many of the exam questions are written to be less straight forward. They tend to be framed within the context of short scenarios. An advice: Do NOT rely on a single source for exam preparation. To secure exam success, always use multiple sources and read as much as possible!
Download or read book North Carolina Auctioneer Licensing Board Rules and Regulations written by North Carolina Auctioneer Licensing Board and published by . This book was released on 1973 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book North Carolina Auctioneer License Exam Examfocus Study Notes Review Questions 2014 written by Examreview and published by . This book was released on 2013-11-12 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: In North Carolina it is the Auctioneer Licensing Board that administers auctioneer licensing. An “Auctioneer” is precisely defined as a person who conducts or offers to conduct auctions through activities such as calling bids, contracts for auctions, accepts consignments of items for sale at auction, advertises an auction, offers items for sale at auction, accepts payment or disburse monies for items sold at auction, or otherwise, solicits, arranges, sponsors, or manages an auction or holds themselves out as an auctioneer...etc. Auctioneer exams are given 6 times a year at the Board's office. To be eligible one must either have a North Carolina apprentice auctioneer license for the preceding two years and accumulated sufficient knowledge and experience in the auctioneer profession or have successfully completed at least 80 hours of classroom instruction at an approved auctioneer school.We give you knowledge information relevant to the exam specification. To be able to succeed in the real exam, you'll need to apply your earned knowledge to the question scenarios. Many of the exam questions are written to be less straight forward. They tend to be framed within the context of short scenarios. An advice: Do NOT rely on a single source for exam preparation. To secure exam success, always use multiple sources and read as much as possible!
Download or read book North Carolina Auctioneers Law and North Carolina Auctioneer Licensing Board Rules and Regulations written by North Carolina Auctioneer Licensing Board and published by . This book was released on 1989 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book North Carolina Auctioneers Law and North Carolina Auctioneer Licensing Board Rules and Regulations written by North Carolina Auctioneer Licensing Board and published by . This book was released on 1980 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book NORTH CAROLINA Auctioneer LICENSURE Examination ExamFOCUS Study Notes and Review Questions 2012 written by ExamREVIEW and published by . This book was released on 2012-08-29 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: In North Carolina it is the Auctioneer Licensing Board that administers auctioneer licensing. An "Auctioneer" is precisely defined as a person who conducts or offers to conduct auctions through activities such as calling bids, contracts for auctions, accepts consignments of items for sale at auction, advertises an auction, offers items for sale at auction, accepts payment or disburse monies for items sold at auction, or otherwise, solicits, arranges, sponsors, or manages an auction or holds themselves out as an auctioneer...etc. Auctioneer exams are given 6 times a year at the Board's office. To be eligible one must either have held a North Carolina apprentice auctioneer license for the preceding two years and accumulated sufficient knowledge and experience in the auctioneer profession or have successfully completed at least 80 hours of classroom instruction at an approved auctioneer school. CONTENTS UPDATE 3 PREFACE FOR CANDIDATES 3 ACTS AND REGULATIONS AT THE NATIONAL LEVEL 5 AT THE STATE LEVEL 5 AT THE NATIONAL LEVEL 7 THE AUCTION BUSINESS 17 BASIC DEFINITIONS 17 THE OVERALL BUSINESS ENTITY REQUIREMENTS 18 INSURANCE 20 BASIC MATH AND ACCOUNTING 21 THE ACCRUAL PRINCIPLE 23 THE HISTORICAL COST PRINCIPLE 23 THE CONSISTENCY PRINCIPLE 24 THE PRUDENCE PRINCIPLE 24 THE MATERIALITY PRINCIPLE 24 THE MATCHING PRINCIPLE, THE TRIAL BALANCE AND THE RELATED ADJUSTMENTS 25 THE SEPARATE LEGAL ENTITY CONCEPT 26 THE CONSERVATIVE PRINCIPLE 27 THE GOING CONCERN CONCEPT 27 THE ACCOUNTING EQUATION 27 BOOKKEEPING METHODS 28 THE BOOKKEEPING CYCLE 29 DEBITS AND CREDITS 30 RECORDING AND POSTING TRANSACTIONS 32 GENERAL LEDGER VS GENERAL JOURNAL 34 TRIAL BALANCE AND THE NEEDS/PATTERNS OF ADJUSTMENT 35 TRIAL BALANCE AND THE CORRECTION OF ERRORS 36 BANK RECONCILIATION 37 CLOSING JOURNAL ENTRIES 39 SOURCE DOCUMENTS 40 THE TRUST/ESCROW ACCOUNT 41 RECORD KEEPING 43 BUSINESS CONTRACT LEGAL ELEMENTS 46 SOURCE OF LAW 47 THE STATUTE OF FRAUD 48 CONTRACT TYPES 50 OFFER, ACCEPTANCE, AND INVITATION TO TREAT 51 CONSIDERATION 54 DISCHARGING OR INVALIDATING A CONTRACT 56 BREACH OF CONTRACT 59 POSSIBLE DEFENSES 61 DAMAGE RECOVERY 62 MEASURING DAMAGES 63 THE EXPECTATION MEASURE 63 RELIANCE INTEREST 64 RESTITUTION 65 LIMITATIONS 65 SATISFACTION CLAUSE 66 AGENCY RELATIONSHIP 66 AGENCY RELATIONSHIP AND ETHICS IN THE AUCTION BUSINESS 68 THE AUCTION CONTRACTS 71 CONTRACT LAW POINTS TO NOTE 73 ADR 78 FRAUDS 80 MISREPRESENTATION 82 SOME IMPORTANT TERMS OF THE UCC 87 OVERVIEW 87 SOME IMPORTANT PROVISIONS OF ARTICLE 1 98 SOME IMPORTANT PROVISIONS OF ARTICLE 2 AND 2A 100 AUCTION SALE AND BULK TRANSFER 107 BASIC KNOWLEDGE ON REAL ESTATE PROPERTY TRANSACTION 111 CLASSIFICATIONS OF REAL PROPERTY 111 CERTIFICATE OF OCCUPANCY 113 TYPES OF DEED 113 TYPICAL TERMS OF THE DEED 115 TYPICAL ELEMENTS OF A REAL ESTATE SALE AGREEMENT 116 MORTGAGE AND LOANS AND THE DEED OF TRUST 119 EXECUTION, ACKNOWLEDGMENTS AND FILING 123 QUIET TITLE ISSUES, LIENS, ADVERSE POSSESSION, EASEMENT AND ENCROACHMENT 123 ZONING 125 EGRESS AND FIRE CODES 127 INVESTMENT PROPERTY AND PROPERTY CYCLE 127 PROPERTY APPRAISAL, CMA AND OTHER APPROACHES 128 PROPERTY TAXES 130
Download or read book South Carolina AUCTIONEER LICENSE EXAM ExamFOCUS Study Notes Review Questions written by Examreview and published by . This book was released on 2019-07-03 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: Book updated February 2021. The South Carolina Auctioneers' Commission administers auctioneer licensing in SC. All applicants must be at least eighteen years old. To qualify for an auctioneer license, one should complete a 80-hour approved auctioneer course and pass the written examination provided by the Commission. Or, one may submit an application for an apprentice auctioneer license and then take and pass the apprentice examination. The exam is offered on a quarterly basis. Once earned, it is still necessary to take eight hours of commission-approved CE courses every two years for renewal to be successful.We give you knowledge information relevant to the exam specification. To be able to succeed in the real exam, you'll need to apply your earned knowledge to the question scenarios. Many of the exam questions are written to be less straight forward. They tend to be framed within the context of short scenarios. An advice: Do NOT rely on a single source for exam preparation. To secure exam success, always use multiple sources and read as much as possible!
Download or read book South Carolina AUCTIONEER LICENSE EXAM ExamFOCUS Study Notes and Review Questions 2016 17 Edition written by Examreview and published by Createspace Independent Publishing Platform. This book was released on 2016-01-25 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: The South Carolina Auctioneers' Commission administers auctioneer licensing in SC. All applicants must be at least eighteen years old. To qualify for an auctioneer license, one should complete a 80-hour approved auctioneer course and pass the written examination provided by the Commission. Or, one may submit an application for an apprentice auctioneer license and then take and pass the apprentice examination. The exam is offered on a quarterly basis. Once earned, it is still necessary to take eight hours of commission-approved CE courses every two years for renewal to be successful. We give you knowledge information relevant to the exam specification. To be able to succeed in the real exam, you'll need to apply your earned knowledge to the question scenarios. Many of the exam questions are written to be less straight forward. They tend to be framed within the context of short scenarios. An advice: Do NOT rely on a single source for exam preparation. To secure exam success, always use multiple sources and read as much as possible!
Download or read book North Carolina Auctoneers Law written by and published by . This book was released on 1977 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book North Carolina Auctioneers Law written by North Carolina and published by . This book was released on 1976* with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book South Carolina Auctioneer License Exam Examfocus Study Notes Review Questions 2014 written by Examreview and published by . This book was released on 2013-11-12 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: The South Carolina Auctioneers' Commission administers auctioneer licensing in SC. All applicants must be at least eighteen years old. To qualify for an auctioneer license, one should complete a 80-hour approved auctioneer course and pass the written examination provided by the Commission. Or, one may submit an application for an apprentice auctioneer license and then take and pass the apprentice examination. The exam is offered on a quarterly basis. Once earned, it is still necessary to take eight hours of commission-approved CE courses every two years for renewal to be successful.We give you knowledge information relevant to the exam specification. To be able to succeed in the real exam, you'll need to apply your earned knowledge to the question scenarios. Many of the exam questions are written to be less straight forward. They tend to be framed within the context of short scenarios. An advice: Do NOT rely on a single source for exam preparation. To secure exam success, always use multiple sources and read as much as possible!
Download or read book North Carolina Auction Information for Consumers written by and published by . This book was released on 2020 with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pamphlet (6 panels, folded) detailing licensing and legal rules for auctions (live, online, reserve, absolute, etc.) of property located in North Carolina.
Download or read book SOUTH CAROLINA Auctioneer LICENSURE Examination ExamFOCUS Study Notes and Review Questions 2012 written by ExamREVIEW and published by . This book was released on 2012-09-02 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: The South Carolina Auctioneers' Commission administers auctioneer licensing in SC. All applicants must be at least eighteen years old. To qualify for an auctioneer license, one should complete a 80-hour approved auctioneer course and pass the written examination provided by the Commission. Or, one may submit an application for an apprentice auctioneer license and then take and pass the apprentice examination. The exam is offered on a quarterly basis. Once earned, it is still necessary to take eight hours of commission-approved CE courses every two years for renewal to be successful. The book TOC is as follow: CONTENTS UPDATE 2 PREFACE FOR CANDIDATES 3 ACTS AND REGULATIONS 4 AT THE STATE LEVEL 4 AT THE NATIONAL LEVEL 5 THE AUCTION BUSINESS 17 BASIC DEFINITIONS 17 THE OVERALL BUSINESS ENTITY REQUIREMENTS 19 INSURANCE AND BOND 21 BASIC MATH AND ACCOUNTING 22 THE ACCRUAL PRINCIPLE 24 THE HISTORICAL COST PRINCIPLE 25 THE CONSISTENCY PRINCIPLE 25 THE PRUDENCE PRINCIPLE 25 THE MATERIALITY PRINCIPLE 26 THE MATCHING PRINCIPLE, THE TRIAL BALANCE AND THE RELATED ADJUSTMENTS 26 THE SEPARATE LEGAL ENTITY CONCEPT 28 THE CONSERVATIVE PRINCIPLE 28 THE GOING CONCERN CONCEPT 29 THE ACCOUNTING EQUATION 29 BOOKKEEPING METHODS 30 THE BOOKKEEPING CYCLE 30 DEBITS AND CREDITS 31 RECORDING AND POSTING TRANSACTIONS 33 GENERAL LEDGER VS GENERAL JOURNAL 35 TRIAL BALANCE AND THE NEEDS/PATTERNS OF ADJUSTMENT 36 TRIAL BALANCE AND THE CORRECTION OF ERRORS 37 BANK RECONCILIATION 38 CLOSING JOURNAL ENTRIES 41 SOURCE DOCUMENTS 42 THE TRUST/ESCROW ACCOUNT 42 RECORD KEEPING 44 BUSINESS CONTRACT LEGAL ELEMENTS 49 SOURCE OF LAW 50 THE STATUTE OF FRAUD 51 CONTRACT TYPES 53 OFFER, ACCEPTANCE, AND INVITATION TO TREAT 54 CONSIDERATION 57 DISCHARGING OR INVALIDATING A CONTRACT 59 BREACH OF CONTRACT 62 POSSIBLE DEFENSES 64 DAMAGE RECOVERY 65 MEASURING DAMAGES 66 THE EXPECTATION MEASURE 66 RELIANCE INTEREST 67 RESTITUTION 68 LIMITATIONS 68 SATISFACTION CLAUSE 69 AGENCY RELATIONSHIP 69 AGENCY RELATIONSHIP AND ETHICS IN THE AUCTION BUSINESS 71 THE AUCTION CONTRACTS 74 CONTRACT LAW POINTS TO NOTE 76 ADR 81 FRAUDS 83 MISREPRESENTATION 85 SOME IMPORTANT TERMS OF THE UCC 90 OVERVIEW 90 SOME IMPORTANT PROVISIONS OF ARTICLE 1 101 SOME IMPORTANT PROVISIONS OF ARTICLE 2 AND 2A 103 AUCTION SALE AND BULK TRANSFER 110 BASIC KNOWLEDGE ON REAL ESTATE PROPERTY TRANSACTION 114 CLASSIFICATIONS OF REAL PROPERTY 114 CERTIFICATE OF OCCUPANCY 116 TYPES OF DEED 116 TYPICAL TERMS OF THE DEED 118 TYPICAL ELEMENTS OF A REAL ESTATE SALE AGREEMENT 119 MORTGAGE AND LOANS AND THE DEED OF TRUST 122 EXECUTION, ACKNOWLEDGMENTS AND FILING 126 QUIET TITLE ISSUES, LIENS, ADVERSE POSSESSION, EASEMENT AND ENCROACHMENT 126 ZONING 128 EGRESS AND FIRE CODES 130 INVESTMENT PROPERTY AND PROPERTY CYCLE 130 PROPERTY APPRAISAL, CMA AND OTHER APPROACHES 131 PROPERTY TAXES 133
Download or read book New Hampshire Auctioneer License Exam written by Examreview and published by Createspace Independent Publishing Platform. This book was released on 2016-01-26 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: In New Hampshire it is the New Hampshire Board of Auctioneers that administers auctioneer licensing. It regulates and operates the New Hampshire Auctioneers Licensing Examination as well as the application process for becoming licensed as an auctioneer in the State of New Hampshire. To be licensed one must pass the examination to confirm that he has attained a minimum level of knowledge about the statutes and regulations affecting the auctioneering profession. We give you knowledge information relevant to the exam specification. To be able to succeed in the real exam, you'll need to apply your earned knowledge to the question scenarios. Many of the exam questions are written to be less straight forward. They tend to be framed within the context of short scenarios. An advice: Do NOT rely on a single source for exam preparation. To secure exam success, always use multiple sources and read as much as possible!
Download or read book Florida Auctioneer License Exam written by Examreview and published by Createspace Independent Publishing Platform. This book was released on 2016-01-26 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: In FL, the Board of Auctioneers is responsible for licensing and regulating auctioneers. On the other hand, the Bureau of Education and Testing is responsible for examination development, administration, review and grading. The examination has 5) questions covering 7 subject matter areas. The time allotted is exactly one hour. We give you knowledge information relevant to the exam specification. To be able to succeed in the real exam, you'll need to apply your earned knowledge to the question scenarios. Many of the exam questions are written to be less straight forward. They tend to be framed within the context of short scenarios. An advice: Do NOT rely on a single source for exam preparation. To secure exam success, always use multiple sources and read as much as possible!
Download or read book Kentucky Auctioneer License Exam written by Examreview and published by Createspace Independent Publishing Platform. This book was released on 2016-01-26 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Kentucky Board of Auctioneers was created in 1962 for protecting the public through licensing and regulating auctioneers, apprentice auctioneers, auction house operators and limited livestock auctioneers. The auctioneers examinations are designed to ensure a minimum level of competence for licensees. topics are included which cover auction law, general auction practice, professional ethics, terminology, mathematics, sales tax, plus common areas and auction types that are most common today. We give you knowledge information relevant to the exam specification. To be able to succeed in the real exam, you'll need to apply your earned knowledge to the question scenarios. Many of the exam questions are written to be less straight forward. They tend to be framed within the context of short scenarios. An advice: Do NOT rely on a single source for exam preparation. To secure exam success, always use multiple sources and read as much as possible!
Download or read book Illinois Auctioneer License Exam written by Examreview and published by Createspace Independent Publishing Platform. This book was released on 2016-01-26 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Illinois it is the Division of Professional Regulation DPR and the Auction Advisory Board that administer auctioneer licensing. according to the Auction License Act [225 ILCS 407/5-10] an auction license is necessary if a person or entity who, for another, for a fee, compensation, commission, or any other valuable consideration at auction or with the intention or expectation of receiving valuable consideration by the means of or process of an auction or sale at auction or providing an auction service, offers, negotiates, or attempts to negotiate an auction contract, sale, purchase, or exchange of goods, chattels, merchandise, personal property, real property, or any commodity that may be lawfully kept or offered for sale by or at auction. An auctioneer may be self-sponsored or may be sponsored by another licensed auctioneer or auction firm. However, he/she must be at least 18 year of age, have attained a high school diploma or equivalent, and have personally passed an examination in order to earn the license.
