Arkansas Real Estate Practice Exam

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Get ready to ace your Arkansas Real Estate Exam. Use our engaging quizzes with flashcards and multiple choice questions to enhance your study experience. Prepare effectively by testing your knowledge and understanding of Arkansas real estate laws and practices!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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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.