Agency
A North Dakota seller's agent discovers that the buyer is making the purchase with funds from an illegal source. The agent should:
AComplete the transaction; it is not their concern
BRefuse to participate in the transaction and possibly report concerns per applicable law✓ Correct
COnly inform the NDREC, not law enforcement
DNegotiate lower commission given the risk
Explanation
A licensee who has knowledge or reasonable suspicion of money laundering or illegal fund sources must not participate and may have reporting obligations under anti-money laundering laws. Continuing the transaction could expose the licensee to criminal liability.
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