What is a possible consequence for Broker M if they encourage cancellation of a valid listing with Broker H?

Prepare for the Indiana State Indy Metro PC Test with flashcards and multiple-choice questions, each with detailed explanations and hints. Ace your exam efficiently!

Encouraging the cancellation of a valid listing with another broker can violate various ethical and legal standards within the real estate profession. This behavior could be seen as an attempt to interfere with a contractual relationship, which is generally not permissible. As a result, if Broker M engages in this conduct, one of the potential consequences is that their license could be revoked or suspended. This action serves to protect the integrity of the real estate industry and maintain fair practices among brokers. Regulatory bodies oversee these practices to ensure all brokers adhere to established standards, and such misconduct can lead to serious repercussions, including the loss of a licensure.

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