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Exam (elaborations)

CSLB - LAW AND BUSINESS EXAM ACTUAL 2026 QUESTIONS AND 100% CORRECT ANSWERS

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CSLB - LAW AND BUSINESS EXAM ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS 2 types of qualifying individuals for each type of license - Answer -Individual - Responsible Managing Employee (RME) or Owner Partnership - Qualifying Partner or RME Corporation - Responsible managing officer (RMO) or RME LLC - RME, RMO, Responsible Managing member/manager What must be filed w/CSLB if RME/RMO leaves? Within how long? If not, what happens? - Answer -"Notice of disassociation" and "application for replacing qualifying individual". Within 20 days Or license automatically suspendedNeed assistance on Online classes, Exams & Assignments? Reach out for instant help!! Full Course Assistance, Plagiarism-free Essay Writing, Research Paper, Dissertation, Discussion Posts, etc…. Confidential & Secure services. Tutors are available for all subjects! Email now at: Responsible Managing Employee (RME) - Answer -Full time employee works at least 32 hours or 80% of operating time of biz, whichever is less. May be used to qualify for individual, partnership, or corp license. Never more than 3 licensees at one time. Can only act as qualifier for 1 license at a time unless either: 1) other licensee is subsidiary 2) he/she owns at least 20% of licensee 3) majority of officers/partners of other o

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Business Law
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Institution
Business law
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Business law

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Uploaded on
January 10, 2026
Number of pages
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Written in
2025/2026
Type
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Questions & answers

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