If a broker that is a partnership, association, or corporation fails to have at least one member or officer who holds a valid individual broker’s license during any continuous period of _____________, the license and any permits will be revoked by operation of law.
a) 30 days
b) 60 days
c) 120 days
d) 180 days
e) 360 days
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The Answer is: C
Citation: 19CFR111.45(a)
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