A broker was found guilty of commingling. The real estate Commission shall have the power to:

A. Impose a fine not to exceed $1,000.
B. Impose a fine not to exceed $5,000.
C. Imprison the licensee up to one year.
D. Imprison the licensee up to five years.

Answer: A. Impose a fine not to exceed $1,000.

Business

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What refers to meeting the needs of the present without compromising the ability of future generations to meet their needs?

A) corporate social responsibility B) economic sustainability C) carbon footprint D) sustainability E) closed-loop supply chains

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To constitute a true letter of credit transaction, the bank's commitment must be open-ended and cannot have a stated maximum amount of money

Indicate whether the statement is true or false.

Business