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46. Todd is a licensed real estate broker in Ohio. One of Todd's largest clients. Sun Corp., contracted in writing with Todd to nd a
46. Todd is a licensed real estate broker in Ohio. One of Todd's largest clients. Sun Corp., contracted in writing with Todd to nd a purchaser for its plant in New York and agreed to pay him a 6% commission if he were successful. Todd located a buyer who purchased the plant. Unknown to Todd, New York has a real estate broker's licensing statute which is regulatory in nature, intended to protect the public against unqualied persons. Todd violated the licensing statute by failing to obtain a New York license. If Sun refuses to pay Todd any commission and Todd brings an action against Sun, he will be entitled to recover A. nothing. B. a fee based on the actual hours spent. C. the commission agreed upon D. out of pocket expenses only
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