According to the "Risk Management 101" article, how do some licensees misinterpret Alabama law §34-27-2 (b) (1)?

The belief that salespersons can act independently of their broker reflects a misunderstanding of Alabama law §34-27-2 (b) (1). This statute clearly stipulates that real estate salespersons must operate under the supervision of a licensed broker. The misconception arises when licensees erroneously assume they have the autonomy to handle transactions on their own without the requisite oversight or collaboration from their broker. This misunderstanding can lead to violations of licensing regulations, potentially resulting in disciplinary action against the licensee.

In contrast, the other choices do not accurately capture the essence of the misinterpretation described in the article. The regulations around conducting transactions, reporting income, and the proper attribution of sales to the broker involve different aspects of Alabama law that are distinct from the notion of broker supervision.