True or False: The Kentucky Board of Auctioneers holds both the auction house operator and the auctioneer responsible for the content of an auction's advertising.

The statement is true because both the auction house operator and the auctioneer have a shared responsibility for the advertising content of an auction. This accountability ensures that all marketing representations are accurate, truthful, and compliant with relevant laws and regulations.

The collaborative responsibility serves to uphold the integrity of the auction process, fostering trust among buyers and sellers. It is essential for both entities to ensure that promotional materials do not mislead potential bidders and align with the legal standards set forth by the Kentucky Board of Auctioneers. This holistic approach protects consumers and maintains the professional standards of the auction industry in Kentucky.