Arkansas License Law
Which of the following best describes an associate broker in Arkansas?
AA salesperson who has taken broker education but not yet passed the broker exam
BA broker who has passed the broker exam but works under a principal broker✓ Correct
CAn unlicensed assistant working under a broker
DA broker-owner of a real estate company
Explanation
An associate broker has met all broker education and examination requirements but chooses to work under a principal broker rather than operating independently. They have more authority than a salesperson.
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