In West Virginia, the Commission determines that discipline is appropriate after a violation. Which statement is correct?
Correct Answer
C) The Commission may impose sanctions including fines, probation, suspension, revocation, restitution, additional education, reprimand, or return of compensation
West Virginia law gives the Commission a broad list of disciplinary sanctions. Source basis: W. Va. Code §30-40-6 and §30-40-7, West Virginia Legislature current code, checked 2026-04-30
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Related Topics & Key Terms
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Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.
Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.
A tie-in arrangement is an illegal antitrust practice in which a seller conditions the purchase of one product or service on the buyer's agreement to purchase a separate product or service.
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