Convicted violators of the Unfair Trade Practices Act are subject to all of the following penalties EXCEPT:

A) suspension or revocation of the violator's license, if he knew or reasonably should have known about the violation.
B) minimum fines of $2,000 for each violation.
C) fines of up to $1,000 for each violation to a maximum total of $30,000.
D) for violators who knew or should have known that they were breaking the law, fines of up to $15,000 for each violation or an aggregate penalty of $150,000.

Ans: B) minimum fines of $2,000 for each violation.

Business

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The new entity assumes ___________ for all debts and obligations owed by the original corporations in a consolidation.

Fill in the blank(s) with the appropriate word(s).

Business

Which of the following statements provides important knowledge to the sales manager who wants to plan successful strategy?

A. Salespeople always react favorably to a rapidly changing product line because it adds variety to their job B. When salespeople operate under uncertainties or limited product supply, their expectancy and instrumentality estimates are likely to be high C. Company policies can hinder a salesperson's effectiveness by indirectly affecting their valence for rewards, accuracy of their expectations and instrumentality perceptions D. The stronger a firm's competitive position, the lower its sales force expectancy estimates are likely to be E. All of the above statements would provide important knowledge to the sales manager who wants to plan successful strategy

Business