Michigan License Law
An associate broker in Michigan is:
AA broker who has not yet taken the broker exam
BA licensee who has met broker educational and experience requirements but works under another broker✓ Correct
CA part-time salesperson
DA broker-owner of a franchise brokerage
Explanation
An associate broker in Michigan holds a broker's license but works under the supervision of another (managing) broker rather than operating their own brokerage. They have met all broker requirements but choose not to operate independently.
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