Which of the following statements about trust monies is/are true?
I. All trust monies received by a North Carolina provisional broker must be delivered immediately to the broker by whom the provisional broker is employed.
II. A North Carolina licensee may accept custody of a check made payable to a seller of real property as option money only for the purpose of delivering the check to the seller-optionor.
a) Statement I is true, and statement II is false.
b) Statement I is false, and statement II is true.
c) Both statements I and II are true.
d) Both statements I and II are false.