20. Last month, Alex obtained his Florida real estate sales associate's license and already closed his first deal. He's wants to accelerate his career by opening up his own real estate office and have other real estate sales associates work under him. Can Alex do this? No. He must first obtain worker's compensation insurance, which cannot be obtained until he has at least 12, months of experience as a sales associate. Yes. A sales associate can open their own office at any time. O Yes. Sales associates are permitted to open their own real estate office after closing their first deal. ○ ○ No. He must first obtain his Florida real estate brokers license, which will require at least 24 months of experience as a sales associate, and completion of the broker's. course and FL broker's exam.
20. Last month, Alex obtained his Florida real estate sales associate's license and already closed his first deal. He's wants to accelerate his career by opening up his own real estate office and have other real estate sales associates work under him. Can Alex do this? No. He must first obtain worker's compensation insurance, which cannot be obtained until he has at least 12, months of experience as a sales associate. Yes. A sales associate can open their own office at any time. O Yes. Sales associates are permitted to open their own real estate office after closing their first deal. ○ ○ No. He must first obtain his Florida real estate brokers license, which will require at least 24 months of experience as a sales associate, and completion of the broker's. course and FL broker's exam.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
Related questions
Question

Transcribed Image Text:20. Last month, Alex obtained his Florida real
estate sales associate's license and already
closed his first deal. He's wants to accelerate his
career by opening up his own real estate office
and have other real estate sales associates
work under him. Can Alex do this?
No. He must first obtain worker's
compensation insurance, which cannot be
obtained until he has at least 12, months of
experience as a sales associate.
Yes. A sales associate can open their
own office at any time.
O Yes. Sales associates are permitted to
open their own real estate office after
closing their first deal.
○ ○ No. He must first obtain his Florida real
estate brokers license, which will require at
least 24 months of experience as a sales
associate, and completion of the broker's.
course and FL broker's exam.
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