Final answer:
In the context of state license law, the broker and salesperson relationship is typically defined as employer and employee or independent contractor, determined by state regulations and their mutual agreement.
Step-by-step explanation:
For purposes of the state license law, the relationship between broker and salesperson is typically defined as that of an employer and employee or an independent contractor, depending on the state's regulations and the agreement between the broker and salesperson.
In many states, salespersons act as agents of the broker and the broker holds the responsibility of supervising the salespersons' professional conduct within the realm of real estate transactions.
Regardless of the specific employment relationship, the salesperson's real estate activities are generally performed on behalf of the broker, and the broker is legally responsible for the business conduct of the salespersons associated with their brokerage.