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Superior 303 NC Law and Rules Exams Questions and Correct Answers 2025/2026
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Superior 303 NC Law and Rules Exams Questions and Correct Answers 2025/2026 sole proprietor - Answer -Full broker not affiliated with another firm Can not Advertise Can not hire other licensees Can not hold a trust account Would have to become a BIC in order to 'do it all' How long is BIC eligible status valid for? - Answer -12 months must take BIC update instead of general update each year that will renew eligibility to continue being BIC eligible Who is responsible for the advertising? - Answer -BIC Who is responsible to inform the NCREC of an address change for the firm? - Answer -Qualifying broker Which of the following will require a firm license? LLC Sole Proprietor Corporation
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