The Director may impose all of the following penalties on a licensee for violating the license law. EXCEPT:

A. additional remedial education
B. license revocation
C. license suspension
D. requiring licensee to pay for costs of formal hearing

Answer: D. requiring licensee to pay for costs of formal hearing
A licensee may have her license revoked or suspended, or be required to complete additional education. However, a licensee is never required to pay or the costs of a disciplinary hearing (other than the costs of preparing a transcript, if she wishes to appeal the findings).

Business

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In addition to operations, which of the following is considered a "line" function?

A. Accounting B. Finance C. LT D. Procurement E. Sales

Business

Seller complains that the seller's agent is showing other properties to buyers that compete with the seller's property. Which of the following is true?

A. Seller's agent is breaching the duty of loyalty to her seller B. Seller's agent is not breaching the duty of loyalty C. Seller's agent has created a conflict of interest D. Seller's agent may do so, but only with the seller's express permission

Business