During a termination, who holds the authority to manage the salesperson's license?

• A. The employer
• B. The licensing board
• C. The salesperson
• D. The regulatory agency

Answer: (A)

The employer has the authority to manage the salesperson’s license during termination because the license to sell under a dealer’s umbrella is tied to the dealership’s authorization. The dealer must supervise the salesperson, remove their selling privileges for that dealership, and promptly notify the licensing authority to update records. The licensing board or regulatory agency issues licenses and can suspend or revoke them, but they don’t handle daily management of who is allowed to sell for a specific dealership. The salesperson can’t unilaterally cancel or transfer their license without regulatory action and a new employer affiliation. So, the dealer is the one responsible for handling the license status in a termination.