Question

The Illinois Real Estate License Act was enacted to:

a) protect the public.
b) evaluate the competence of persons engaging in the business.
c) set commission rates.
d) both A and B.

Answer 1

The Illinois Real Estate License Act was enacted to protect the public and evaluate the competence of persons engaging in the real estate business.

Step-by-step explanation:

The Illinois Real Estate License Act was enacted to protect the public and evaluate the competence of persons engaging in the real estate business. It is not responsible for setting commission rates. Therefore, the correct answer is option d) both A and B.