North Carolina License Law
Under NC license law, the primary reason for requiring a license for real estate brokerage is to:
AGenerate revenue for the state through license fees
BProtect consumers by ensuring brokers are competent, honest, and professionally accountable✓ Correct
CRestrict entry into the real estate profession to limit competition
DMaintain an official registry of all real estate transactions
Explanation
The fundamental purpose of NC's real estate licensing law is consumer protection — ensuring that people who perform brokerage services have demonstrated minimum competence and ethical standards.
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