The primary purpose of the license law is to do all of the following EXCEPT A) to maintain high standards in the real estate profession. B) to prescribe certain minimum standards and qualifications for licensing brokers and sales agents. C) to protect the public from dishonest or incompetent brokers or salespeople. D) to protect licensed brokers from competition.

The license law serves as a crucial safeguard that ensures only qualified individuals can practice in the real estate profession. By setting minimum standards for education and conduct, it elevates the industry as a whole and fosters trust between agents and clients. Interestingly, while protecting the public interest is a paramount concern, the license law doesn't aim to shield brokers from healthy competition. Competition is essential in driving service quality and innovation, ensuring that consumers have options and brokers can continuously improve their offerings.