17. A salesperson terminates employment with a brokerage firm on August 15. The principal broker of the firm writes the date of termination on the salesperson's license, signs it, and returns it to the Board by certified mail on August 31. Did the broker follow CORRECT procedure

Answer: D

Explanation:

Yes. The broker followed correct procedure.

The principal broker properly documented the termination by writing the date on the salesperson's license and returning it to the Board in a timely manner by certified mail. This process adheres to the required protocol for notifying the Board of a termination.

A) No. The salesperson should have been the one to return the license to the Board

This option is incorrect because it is the responsibility of the principal broker to handle the return of the license to the Board after documenting the termination. The salesperson does not have the obligation to submit their own license upon termination.

B) No. The broker should have verbally notified the Board of the termination the same day it occurred, and then returned the license by mail

While timely communication is important, the broker's action of returning the license by certified mail on August 31 is acceptable. There is no requirement for verbal notification on the same day, making this option incorrect.

C) No. The broker should have mailed the license earlier so that it would have been received by August 25

This option is misleading as there is no specific requirement for the license to be received by a certain date, as long as it is returned in a reasonable timeframe after the termination. The broker's action to mail the license by August 31 is appropriate.

D) Yes. The broker followed correct procedure

This option is correct. The broker fulfilled the necessary steps by documenting the termination date on the license and returning it to the Board by certified mail, adhering to the appropriate protocol.

Conclusion

The principal broker correctly followed the established procedure for notifying the Board of the salesperson's termination by documenting and returning the license. All other options fail to recognize the broker's responsibilities and the acceptable timeline for the license return, confirming that option D is the only correct choice.