2016 April No.58 – Broker Compliance


The license of a broker that is a corporation or association can be revoked by operation of law if it fails for _____ continuous days to have at least one officer of the corporation or association who holds a valid individual broker license.

a) 30

b) 60

c) 120

d) 160

e) 180

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The Answer is: C

Citation: 19CFR 111.45(a), (b), 19 U.S.C. ยง 1641(b)(5);

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