New Jersey Real Estate Practice Exam Free Practice Question
A person who was previously found guilty of a rule violation is later found guilty of a subsequent rule violation. What is the MAXIMUM fine which may be imposed on the licensee for the additional violation?
Correct Answer: D
Rationale: In this scenario, the maximum fine for a licensee who has a prior rule violation and commits a subsequent violation is $10,000. This amount reflects the severity of repeated offenses, emphasizing the importance of compliance within regulatory frameworks.
Option A ($500) is too low and does not account for the escalation of penalties for repeat offenders. Option B ($2,000) and Option C ($5,000) also underestimate the potential consequences of subsequent violations. The penalties are structured to deter further infractions, making the maximum fine of $10,000 appropriate for a licensee with a history of non-compliance.
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