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Exam (elaborations)
MA Salesperson Exam Module 1 The Basics Exam
Why do we have licenses? - Correct Ans--To protect the public, for the public good. Much of the Government's ability to regulate private transactions stems from Police Power which is the right of the Gov to enact laws to protect the public. 
- required to represent someone in a real estate transaction and expect to get paid 
 
Who needs a license? - Correct Ans-Any person or entity who for compensation or valuable consideration, offers, sells, or leases for others 
 
Who governs licenses? - C...