Final answer:
option d,Both the individual real estate licensee and the real estate firm are responsible and liable for the actions of real estate licensees conducting business. Individuals are accountable for their own actions, and the firm has oversight responsibility.
Step-by-step explanation:
Who is responsible and liable for the actions of all real estate licensees conducting business in a real estate firm? The correct answer is D) Both the individual licensee and the real estate firm.
In general, individual licensees are held accountable for their own actions and must adhere to the rules and regulations governing their practice. However, the real estate firm also has a level of responsibility for the actions of its agents, especially in cases where the firm's policies, training, or oversight could have prevented misconduct.
Moreover, a real estate firm plays a crucial role in ensuring that its agents act in compliance with state laws and ethical standards. Failure to do so may not only result in repercussions for the individual agent but also for the firm itself, including legal liability in some instances.