asked 194k views
2 votes
Can you pay referral fees to an unlicensed person?
1) Yes
2) No

2 Answers

0 votes

Final answer:

Generally, paying referral fees to an unlicensed person is prohibited in various regulated industries to uphold professional standards and ensure accountability.

Step-by-step explanation:

In most jurisdictions, paying referral fees to an unlicensed person is prohibited, especially in certain regulated industries such as real estate, law, and financial services.

Regulations often mandate that only licensed professionals can engage in activities that include receiving compensation for client referrals to ensure accountability and professional standards are upheld. Therefore, the answer is generally No, you cannot pay referral fees to an unlicensed person.

answered
User Nrgyzer
by
8.5k points
0 votes

Answer:

it depends, but the answer is mostly no

Step-by-step explanation:

The legality of paying referral fees to an unlicensed person can vary depending on the jurisdiction and the specific context. In many professional industries, there are regulations and laws governing referral fees, especially when it involves licensed professionals. These regulations are in place to ensure ethical conduct, consumer protection, and compliance with licensing requirements.

answered
User Matt Jensen
by
8.7k points
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