In which of the following transactions may a licensed real estate salesperson be required to obtain a securities license?

A. The sale of an ownership interest in a condominium unit.
B. The sale of stock in a real estate cooperative or limited partnership.
C. The sale of a vacant residential lot in a new subdivision.
D. The sale of a commercial shopping center.

Answer: B. The sale of stock in a real estate cooperative or limited partnership.

Business

You might also like to view...

Madison, who is a white, conservative Catholic, also tends to give higher ratings to other white, conservative Catholics. Madison is likely making a _____ error.

A) just-like-me B) similarity C) similar-to-me D) self-promotion

Business

Compared with other forms of marketing communication, sampling is more likely to result in actual trials of the product. Explain this by giving examples of possible types of sampling

What will be an ideal response?

Business