Final answer:
Salesperson's license applicants must complete 30 hours of educational coursework or training, which verifies their professional competence similar to other licensed professions like real estate brokers.
Step-by-step explanation:
Salesperson's license applicants must complete 30 hours of specific training, which is typically mandated by state governments to ensure a certain standard of professional competence. This training often includes educational coursework and/or the passing of exams, similar to the requirements for other licensed professions such as doctors, accountants, and real estate brokers. In the labor market, occupational licenses serve as quality assurance, indicating that an individual has met the necessary requirements to perform competently within their occupation.