In what context can teams advertise using their name?

Teams can advertise using their name with the permission of the Broker-in-Charge (BIC). In the context of real estate in North Carolina, any advertisement that includes the name of a team must comply with the regulations set forth by the North Carolina Real Estate Commission and must reflect proper oversight and approval from the managing broker.

The BIC is responsible for ensuring that all marketing practices adhere to legal standards and ethical practices, and this includes the advertising practices of any teams operating under their license. Therefore, obtaining permission from the BIC ensures that the advertisement is in line with both agency policies and regulatory requirements.

In this context, the other options would not adequately address the necessity of regulatory oversight or approval required for advertising. Without the BIC's permission, a team might run the risk of violating advertising rules. Hence, the requirement of seeking approval from the BIC is essential for compliance and best practices in the industry.