Question

An associate broker terminates with a broker. The employing broker refuses to turn the license over to the Commission. Which of the following is true?

a. Automatic fine for the Employing Broker
b. The Employing Broker may be subject to disciplinary action
c. Employing broker's license is immediately suspended
d. Both associate and employing brokers may have their licenses canceled

Answer 1

d. Both associate and employing brokers may have their licenses canceled