What is a duty of the seller in relation to the auctioneer?

Prepare for the Georgia Auctioneer License Exam. Review with multiple choice questions and detailed explanations to excel. Start your auctioneer journey now!

The duty of the seller in relation to the auctioneer includes compensating the auctioneer as per the terms outlined in their contract. This reflects the contractual obligation that exists between the two parties, where the auctioneer provides their services in exchange for a fee, commission, or other agreed-upon compensation. This arrangement establishes a professional relationship built on trust and agreement, ensuring that the auctioneer is fairly compensated for their efforts in marketing and conducting the auction.

The other options, while they may relate to activities or considerations surrounding an auction, do not represent specific duties of the seller. For instance, providing legal advice is typically outside the auctioneer's role and is better suited for legal professionals. Setting the auction date is another duty generally handled in coordination with the auctioneer based on logistics and marketing strategy rather than solely by the seller. Choosing potential buyers is more aligned with the auctioneer’s role, as they are responsible for attracting and vetting bidders to ensure a successful auction outcome.

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