Regarding a salesperson's licensure, which statement is correct?

The correct statement about a salesperson's licensure is that a salesperson must be licensed individually. This means that each salesperson must obtain their own license rather than operating under the license of a dealer or another individual.

Additionally, it is essential to understand that a salesperson cannot act while their license is suspended. When a license is suspended, the individual is not legally permitted to engage in any activities related to selling manufactured homes until the suspension is lifted.

The notion of being employed by multiple dealers simultaneously is also not typically permissible in regulated environments such as the manufactured housing industry, where licenses and employment are specifically structured to maintain clear lines of responsibility and accountability.

Thus, the option that suggests all these statements are true fails because not all parts are accurate in the context of licensure regulations. A salesperson must indeed hold an individual license, cannot legally operate while suspended, and is generally not allowed to work for multiple dealerships at once without proper arrangement and authorization.