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Texas Real Estate

?

Under the federal tax code, a broker/salesperson
agreement must contain all of the following
EXCEPT

the commission arrangements between the
broker and the salesperson.that the salesperson must pay his or her own
licensing fees.that the salesperson is free to work on his or
her own work schedule.that the salesperson is responsible for paying
quarterly federal income tax payments

Correct - Your answer is correct.

Wrong - Your answer is wrong.

Detailed Answer

a.
The federal tax code required those items
regarding the payment of taxes. The commission arrangement should be in the contract,
but it is not required by the federal tax code.

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