Final answer:
A non-living entity such as a corporation may be licensed as a broker as long as it consists of at least one individual who meets the requirements to hold a broker license.
Step-by-step explanation:
A non-living entity such as a corporation may be licensed as a broker as long as it consists of at least one individual who meets the requirements to hold a broker license. In the case of a corporation, this means that it must have at least one person who is designated as a broker and holds the necessary qualifications and licenses.
This individual within the corporation will be responsible for ensuring that the corporation complies with all relevant laws and regulations governing brokers and brokerage activities. They will also be the point of contact for the corporation in matters related to its brokerage activities.
It is important to note that while a corporation may be licensed as a broker, it is the individual broker within the corporation who is ultimately responsible for its actions and operations.