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In order to sell a business opportunity, including goodwill and inventory, a real estate broker must obtain a special business opportunity endorsement for her license.

a) True
b) False
c) Depends on the state
d) Only for large businesses

User Divix
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1 Answer

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Final answer:

It is generally true that real estate brokers need a special business opportunity endorsement to sell a business, including goodwill and inventory, as this falls outside the scope of standard real estate transactions. The correct option is a.

Step-by-step explanation:

The statement that a real estate broker must obtain a special business opportunity endorsement for her license in order to sell a business opportunity, including goodwill and inventory, is generally true. Real estate licenses typically cover the sale of real property.

However, the sale of a business opportunity, especially one that includes intangible assets like goodwill as well as physical inventory, may fall outside the regular scope of real estate transactions. Therefore, a special endorsement or a separate type of license that includes the sale of businesses may be required. This ensures the broker is qualified to handle the specific nuances and legal considerations of transferring a business.

Hence, Option a is correct.

User Bruce Lee
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