In a disciplinary action, the Director of Licensing can do any of the following, EXCEPT:
A. award damages to individuals defrauded by the real estate licensees
B. revoke a license
C. deny a license
D. refer criminal violations to the prospective attorney in the county where the offense was committed
Answer: A. award damages to individuals defrauded by real estate licensees
The Director cannot award damages to victims of real estate fraud. Many states have what is called a "recovery fund" from which victims of real estate fraud can recover at least part of their losses. Washington doesn't have such a remedy for the consumer, however.
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a. true b. false
Beginning cash balance + cash flow from operations + cash flow from investing activities + cash flow from financing activities = ending cash balance
Indicate whether this statement is true or false.