A licensee's failure to notify the seller that he/she has a written offer from a buyer/tenant is:

A licensee's failure to notify the seller that he/she has a written offer from a buyer/tenant is: A felony Permissible if the seller has told you not to present offers below a certain price.Who is a licensee?Any company, group, or person that has received authorization from another body to carry out an activity is known as a licensee. The authorization, or license, may be granted explicitly or subtly.Through fees, royalties, or some other form of revenue-sharing agreement, licensees will make restitution to the license's owner.In a number of industries, including media, entertainment, technology, and bio-pharma, licensing agreements are typical.Franchises, trademark licenses, and government licensing are a few examples of licensee agreements.The ability to legally conduct business is granted to the licensee by an operating license.Read more on licensee here: https://brainly.com/question/26006107#SPJ1