Question

Sally has a master's degree in finance and real estate. What are her educational requirements to receive an Illinois broker's license?

a) Her degree exempts her from taking the required education.
b) She will get 30 hours credit for her past education.
c) She will get no credit for her college degree.
d) She will be exempt from continuing education in the future.

Answer 1

To receive an Illinois broker's license, Sally may be eligible to receive 30 hours of credit for her past education, but having a master's degree in finance and real estate does not exempt her from taking the required education.

Step-by-step explanation:

To receive an Illinois broker's license, Sally will need to meet certain educational requirements. Having a master's degree in finance and real estate does not exempt her from taking the required education, so option a) is incorrect. However, she may be eligible to receive 30 hours of credit for her past education, so option b) is a possibility. Option c) stating that she will receive no credit for her college degree is incorrect. Lastly, option d) suggesting that she will be exempt from continuing education in the future is not accurate.