The managing broker can be held liable for which of the following?

The correct choice indicates that a managing broker can be held liable for all real estate-related activities of salespersons or brokers under their supervision. This principle stems from the concept of vicarious liability, where an employer or principal may be held responsible for the actions of their employees or agents when those actions occur in the course of their employment or duties.

In a real estate context, a managing broker oversees the operations of their agents and must ensure that all activities conducted by them comply with the law, ethical standards, and the regulations set by the state and local real estate commissions. If a salesperson under the managing broker's supervision engages in activities that violate real estate laws or regulations, the managing broker can face legal repercussions, reinforcing the need for effective oversight and training.

The other options do not fully capture the extent of the managing broker’s liability. For instance, liability only for contracts personally signed by the broker restricts responsibility and does not acknowledge the broader implications of supervisory roles. Similarly, limiting liability solely to negligence fails to consider intentional misconduct or violations that can occur. Lastly, liability tied only to criminal activities suggests a narrow scope that overlooks the full spectrum of responsibilities a managing broker has for their agents’ conduct.