Liam was a real estate agent. Due to a busy schedule, he forgot to take some req

Question

Liam was a real estate agent. Due to a busy schedule, he forgot to take some required continuing education courses, which caused his license to lapse. _ Unaware that his license had expired, Liam entered into an agreement with Spencer to help sell Spencer's house for a fee of $8,000. After Liam had helped Spencer find a buyer, they were having lunch at Liam's office when his secretary showed him a letter from the state telling him that he needed to recertify to renew his license. Upon learning that Liam's license had expired, Spencer refused to pay Liam the $8,000. If Liam sues Spencer for the money, who will win? A. Liam, because a real estate license is just a means of raising revenue for the state. B. Spencer, because Liam's license is to ensure that real estate agents have the necessary knowledge, skills and character to represent buyers'/sellers' interests C. Liam, because real estate agents do not have a business that is necessary for society. D.Spencer, because clients do not have equal bargaining power with agents.

Explanation / Answer

A LIAM WILL WIN BECAUSE A REAL ESTATE LICENCE IS JUST A MEANS OF RAISING REVENUES FOR THE STATE.

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