A licensed person who is authorized to sell to the highest bidder is
Answer Details
An auctioneer is a licensed person who is authorized to sell goods or property to the highest bidder. They are responsible for managing and conducting auctions, which involve bringing buyers and sellers together in a competitive bidding process. The auctioneer's role is to facilitate the bidding process and ensure that the highest bidder wins the item being sold. They must be knowledgeable about the goods or property being sold and be able to set a fair starting price and bid increments. Overall, the auctioneer plays a critical role in ensuring that the auction process is fair, efficient, and transparent.