which of the following actions can be taken?

This option is incorrect because the death of a broker does not automatically nullify all sales contracts. Existing contracts remain valid, and salespersons do not lose their licenses outright; they can seek temporary measures to continue their work.

While the Real Estate Commission does have the authority to assist in concluding pending business, this action does not directly address the ability of a salesperson to apply for a temporary broker's license, which is a more immediate and practical solution for the firm's continuity.

This statement is misleading as it suggests an informal arrangement. The law does not simply allow a salesperson to act as broker without the proper licensing. Instead, a salesperson must apply for a temporary broker's license to legally manage the brokerage’s operations.