Which of the following auctions is explicitly not covered under North Carolina Auctioneer Law?

Car auctions held by registered dealers are explicitly not covered under North Carolina Auctioneer Law due to specific exemptions outlined in the legislation. In North Carolina, the Auctioneer Commission regulates various forms of auctions to ensure compliance with state laws and protect consumers.

However, transactions conducted by automobile dealers that are licensed under separate statutes typically fall outside the jurisdiction of auctioneers. These dealers operate under different regulatory frameworks that specifically govern the sale of automobiles, which is why their auctions are not included within the purview of the Auctioneer Law.

This focus allows the law to streamline itself and avoid overlapping regulations between auctioneers and car dealerships while ensuring proper oversight in both sectors. Other types of auctions, such as real estate auctions or those conducted by auctioneers for antique sales or art, are covered under the law, reflecting the different nature of goods being auctioned and the applicable regulations necessary to govern those sales.