Michigan Real Estate Exam Practice Question
A licensed real estate salesperson may receive compensation for real estate activities from:
Correct Answer: B
Rationale: A licensed real estate salesperson can receive compensation from the buyer if an agency relationship has been established, ensuring legal and ethical obligations are met.
Option A is incorrect because compensation from an unlicensed person violates state regulations, as only licensed individuals can pay for real estate services.
Option C is misleading; while a salesperson may collaborate with related businesses, direct compensation must adhere to licensing laws, which typically require transactions to involve licensed parties.
Option D is irrelevant; a water cooler company does not have a legitimate connection to real estate transactions, making any compensation from them inappropriate.
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