North Carolina License LawIntermediateNorth Carolina Exam
A NC broker who is affiliated with a real estate firm that is found to have systemic violations of license law may be investigated by the NCREC for:
AOnly the specific violations they personally committed
BTheir own conduct plus potentially their supervisory failures as a BIC or senior brokerCorrect
CViolations committed by all firm members regardless of their role, under standard practice
DOnly financial misappropriation
Why Their own conduct plus potentially their supervisory failures as a BIC or senior broker Is Correct
Answer B: Their own conduct plus potentially their supervisory failures as a BIC or senior broker
While each broker is individually responsible for their own conduct, supervisory brokers (BICs) may also be investigated for systemic failures to supervise affiliated brokers who committed violations.
People Also Study
Related North Carolina Questions
- North Carolina brokers must renew their license by:North Carolina License Law
- Under North Carolina license law, which of the following is required before a real estate firm can conduct business?North Carolina License Law
- Under NC license law, a broker-in-charge who fails to properly supervise an affiliated broker who then commits a license law violation may be held:North Carolina License Law
- A NC real estate broker who changes their firm affiliation must notify NCREC within how many days?North Carolina License Law
State-Specific Concepts
License Law
Practice More North Carolina Real Estate Questions
1,400+ questions covering all exam topics. Start free — no signup required.
Take the Free North Carolina Quiz →