Wisconsin License Law
A Wisconsin broker who represents a buyer in a transaction where the buyer is a corporation must ensure:
AThe broker personally guarantees the corporation's obligations
BThe individual signing on behalf of the corporation has authority to bind the corporation✓ Correct
CThe corporation obtains a Wisconsin real estate license
DDSPS approves corporate purchases
Explanation
When a buyer is a corporation or LLC, the broker must verify that the person signing has proper corporate authority (e.g., corporate resolution) to bind the entity to the purchase contract.
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