The failure of a broker that is licensed as a corporation, association, or partnership to have, during any continuous period of _________, at least one officer of the corporation, or association or at least one member of the partnership validly licensed, may result in the revocation by operation of law of its license and any permits issued to the corporation, association, or partnership. Choose the ONE correct answer to fill in the blank found directly above.
A) 90 days
B) 60 days
C) 120 days
D) 180 days
E) 30 days
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The Answer is: C
Citation: 19 CFR 111.45(a) & (b)
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