Question

State licensing laws prescribe behavioral requirements with which licensees must comply to keep their licenses. Licensing laws generally seek to prevent brokers from partaking in all of the following activities EXCEPTA. Handling money in trust for clientsB. Taking kickbacks without the employers knowledgeC. Offering the property at terms other than those specified by clientsD. Failure to submit all offers to the client

Answer 1

Answer:A. Handling money in trust for clients.

Explanation: A broker is a third party who has been instructed by his or her principal to take certain actions or place certain roles on his or her behalf. Brokers are agents who maintain a fiduciary relationship with their clients.

The brokers are not expected to work outside of the terms of agreement between them and their principal or client,doing so will amount to certain penalties by the regulating bodies.