Arkansas Real Estate Practice Exam

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Prepare for the Arkansas Real Estate Exam with comprehensive quizzes featuring multiple-choice questions and detailed explanations. Boost your confidence and knowledge, ensuring you're ready to tackle the licensing exam successfully!

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What penalty may the Executive Director impose on a licensee for failing to complete annual continuing education requirements by December 31?

$50
$100
$150
$200

The correct answer is: $100

The Executive Director may impose a $100 penalty for a licensee who fails to complete annual continuing education requirements by December 31. Options A, C, and D are incorrect because they do not accurately state the specific penalty for this specific situation. They may be penalties for other violations, but they are not applicable to this scenario. It's important to read the question carefully and pay attention to the specific details in order to choose the correct answer.