North Carolina License LawIntermediateNorth Carolina Exam
A broker's license is considered 'inactive' in North Carolina when:
AThe broker has not closed a transaction in 12 months, though outcomes can differ depending on circumstances
BThe license is not associated with an active broker-in-charge or the broker has chosen inactive statusCorrect
CThe broker has failed CE requirements
DThe broker is under investigation by NCREC
Why The license is not associated with an active broker-in-charge or the broker has chosen inactive status Is Correct
Answer B: The license is not associated with an active broker-in-charge or the broker has chosen inactive status
A license is inactive when a broker is not affiliated with a BIC, has voluntarily placed it on inactive status, or has failed to meet CE or renewal requirements.
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