If the Department of Real Estate pays a consumer out of the Consumer Recovery Account, the real estate licensee's license will be suspended until the licensee

A. repays the amount in full
B. repays the amount in full plus 10% interest
C. repays the amount in full plus 10% interest and pays a fine
D. apologizes

Answer: B. repays the amount in full plus 10% interest

Business

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Which forms of business organization are considered to be separate accounting entities?

A. Sole proprietorships and partnerships only B. Partnerships and corporations only C. Only corporations D. Sole proprietorships, corporations, and partnerships

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In a sale on approval, the risk of loss and title to the goods remain with seller until the buyer's acceptance

Indicate whether the statement is true or false

Business