Colorado License Law
Under Colorado license law, a broker who discovers that a client intends to commit fraud in a transaction must:
AComplete the transaction and report it after closing
BWithdraw from the transaction and refuse to assist in the fraud✓ Correct
CNegotiate with the client to reduce the fraud
DReport it only if it involves more than $10,000
Explanation
A Colorado broker must not assist or participate in fraudulent transactions. If a client intends to commit fraud, the broker must withdraw from the transaction.
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