Assume you hold a valid, current, and active license as a sales associate. A client of...

Assume you hold a valid, current, and active license as a sales associate. A client of yours, who purchased three $60,000 houses from you, calls from New York advising you he has located a purchaser interested in a $100,000 tract of land in your area. The client also reveals he has experienced a considerable entertainment expense surrounding procuring the buyer. You may

a. compensate him for his expense, because he is not subject to comply with Florida's Real Estate Licensure Law.

b. give him reasonable compensation, provided you send it to him through a bank outside of Florida.

c.compensate him with a gift of equal value, but not with monetary compensation.

d. not legally compensate him for the entertainment expense.

Expert Solution

Correct answer is d.

Not legally compensate him for the entertainment expense is correct statement.

jeff jeffy answered 2 years ago

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