Virginia License Law
Under Virginia law, accepting a commission or compensation from more than one party in a transaction without all parties' knowledge and consent is:
APermissible if the amounts are equal
BA violation of license law✓ Correct
COnly permitted for commercial transactions
DAllowed if it doesn't exceed $500
Explanation
Accepting undisclosed compensation from multiple parties in a transaction is a violation of Virginia license law and a breach of fiduciary duty. All parties must consent to any dual compensation arrangement.
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