Alberta Mortgage Associate Practice Questions - Alberta Mortgage Associate Licensing Exam

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According to RECA Rules, what is the primary responsibility of a licensed mortgage broker in relation to the mortgage associates working under them?

To handle all complex or high-value mortgage transactions directly. To personally approve every mortgage application submitted by their associates. To ensure associates meet their individual sales targets and quotas. To provide active and diligent supervision to all associates.

Correct Answer:

To provide active and diligent supervision to all associates.

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