North Carolina License Law
A NC broker may accept which of the following business structures for their brokerage activities?
AOnly as a sole proprietor
BAs a sole proprietor, corporation, LLC, or partnership if properly licensed✓ Correct
COnly as a corporation with at least 5 shareholders
DOnly as an employee of a larger national firm
Explanation
NC brokers may operate under various business structures (sole proprietorships, corporations, LLCs, partnerships) as long as the entity is properly licensed with the NCREC.
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