EstatePass
Ethics ComplianceQLDMEDIUM

A Queensland real estate agent is found to have engaged in professional misconduct. The Office of Fair Trading may impose which of the following sanctions?

Correct Answer

B) Suspension or cancellation of the agent's licence, fines, and other conditions

The OFT has broad powers to sanction agents for misconduct, including licence suspension or cancellation, imposing fines, requiring additional training, and imposing conditions on the licence. Serious matters may also be referred for prosecution.

Answer Options
A
Criminal imprisonment only
B
Suspension or cancellation of the agent's licence, fines, and other conditions
C
A verbal warning with no formal record
D
Mandatory community service only

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Ethics Compliance Question

Sign up free to unlock full analysis

Background Knowledge for Ethics Compliance

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Ethics Compliance

Sign up free to unlock full analysis

Common Mistakes to Avoid on Ethics Compliance Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Key Terms:

OFT sanctionslicence suspensiondisciplinary action
Was this explanation helpful?

More Ethics Compliance Questions

People Also Study

Practice More AU Questions

Access 520+ Australian real estate practice questions and ace your Certificate IV.

Browse All AU Questions