What must be included in advertising for an auction according to Kentucky law?

In Kentucky, advertising for an auction is regulated to ensure transparency and professionalism in the auction process. Including the managing auctioneer's name in the advertising is crucial as it provides accountability and establishes a direct point of contact for potential bidders. This inclusion helps maintain trust and ensures that bidders are aware of who is conducting the auction, thereby upholding standards within the auctioneer profession.

The managing auctioneer is responsible for overseeing the auction and ensuring that it runs smoothly, and naming them in advertisements allows bidders to know who is in charge of the auction event. This practice also aligns with consumer protection laws intended to foster an ethical environment in the marketplace.

The other options, while potentially relevant in different contexts, are not specific requirements for advertisements according to Kentucky law. Including the auctioneer's license number, seller's identity, or the auction's location may be essential details within other aspects of auction operation or documentation, but focusing on the managing auctioneer's name remains a central regulation to enhance the credibility of the auction process.