Question

A sales associate licensed with a real estate
brokerage corporation can be which of the
following?

(a) An officer
(b) A stockholder
(c) A director
(d) An officer and a director

Answer 1

Answer:

(b) A stockholder

Explanation:

Based on the information provided within the question it can be said that in this scenario they can be a stockholder. This is because from the answers provided the sales associate would not be able to be an officer or director within a real estate brokerage corporation, and anyone can be a stockholder regardless whether they have a license or not.