After a complaint was filed against him, BrokerIke was found guilty of a license law violation. Hewas fined and had to pay legal fees totaling$8,900. This was paid by the Recovery Fund.What else is likely to happen to Broker Ike?.The FREC can issue a citation and the Ike'slicense becomes involuntary inactive.O The FREC will suspend the Ike's license untilthe fund has been repaid in full.O The FREC declares Ike's license null and void.The FREC will revoke the Ike's license.

Law plays an integral role in making the judgments related to complex situations. It helps in…

Answered: After a complaint was filed against…

Similar questions

Chapter 24, Question 1d - The Bankruptcy Reform Act of 1978 was enacted to slow down and streamline bankruptcy proceedings. O True False
Which of the following policy provisions specifies that, it an insured tals to pay a renewal premium within the time granted but the insurer subsequently occ may be restored? OA Grace Period OB. OC O. D. Reinatatement Time of Payment of Chirns Entire Contract
Investors may receive an economic benefit from the ownership of stock by receiving A. interest B. dividends C. captail gains D. Both "dividends" and "capital gains" are correct
If an issue arises after the completion of a transaction, which of the following actions should a salesperson take to remedy the situation? O slect one answer. The salesperson should act promptly and resolve any Issues that may arise before the parties take legal action. The salesperson should first review the agreement and verify the relevant information, to accurately advise the seller or buyer as required. The salesperson should first arrange for compensation and reimburse the buyer or seller for any loss they may have The salesperson should inform their client that since the transaction has closed, they are no longer obligated to provide further services to them. incurred.
An underwriter keeps shareholder records and prepares official lists of shareholders and dividend payments. True False
A limited partner is responsible for any debts of the partnership, regardless of whether he or she was directly involved in the transaction that created the debt.;True or False
Pls help ASAP
Joe took out a loan to purchase a new house. In return, Joe's lender placed a lien on the property. Is this legal? O No. Only Joe can place a lien his property. O No. A lender is never allowed to place a lien on a property as long as the borrower is up-to-date ontheir payments. О Yes. This is a voluntary mortgage lien that allows the lender to foreclose on the property if Joe defaults on the loan. O Yes. However, the lien is only valid for 12 months.
Able does not ever want Baker's shares to be transferred to Baker's brother, who has been convicted of criminal fraud and embezzlement on several occasions and who is currently serving time in a federal prison for one of those convictions. Which of the following types of restrictions on the transfer of Baker's shares might Able insist to accomplish this, even if Carter and Dennis don't share Able's concerns? Multiple Choice A put agreement Option agreement Provision disqualifying purchasers Buy-and-sell agreement Right of first refusal
Pls help ASAPon both pls
pls help ASAP
Zach had surgery, which was his third claim of the year. He had a bill of $5000.Considering the prior visits, what is Zach’s portion of this bill and what is theresponsibility of the insurance carrier?

SEE MORE QUESTIONS