Salesperson Sally is a licensed salesperson in Georgia. She has a listing on Seller Steve's house. Sally purchases the home from Steve at the listing price, without disclosing to Steve that Sally is the actual buyer. Which of the following statements is correct?

Select one:

a. This is an ethical violation, but since she paid the full listing price, it is not a violation of any law or regulation

b. Since Sally's broker is the actual agent of the seller, this is not a violation

c. This is considered commingling, and is therefore illegal

d. This is an unfair trade practice and is illegal