Delaware License Law
In Delaware, a broker who pays a referral fee to an unlicensed person is:
AActing legally as long as the unlicensed person only provided a name
BActing illegally and may face disciplinary action by the Commission✓ Correct
CActing legally if the payment is under $500
DActing legally in commercial transactions only
Explanation
Delaware prohibits payment of referral fees, commissions, or compensation to unlicensed persons for activities that require a license. Brokers who pay such fees may face Commission disciplinary action.
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