Which of the following is correct?

Question

Quizplus · Accepted Answer

A real estate salesperson and a broker may form a partnership to run a real estate brokerage business. This is allowed under California law as long as the partnership entity is licensed by the California Bureau of Real Estate.

Answer: B
 The fine for paying a commission to an unlicensed person varies, but it can go up to $20,000 per violation. This is a serious offense and can result in legal and financial consequences for both the person paying the commission and the unlicensed person receiving it.

Answer: C
 Appraisers do not need a real estate license in California. However, they do need to be licensed or certified by the California Office of Real Estate Appraisers.

Answer: D
 The Real Estate Commissioner is appointed by the Governor of California, not the legislature. The Commissioner oversees the California Bureau of Real Estate and is responsible for enforcing real estate laws and regulations in the state.

Which of the Following Is Correct