What is the potential fine the Arkansas Real Estate Commission may impose on Bob and Mary for not including their principal broker's name in their advertising?

Prepare for the AREC Arkansas Broker Exam. Study with flashcards and multiple choice questions, each question offers hints and explanations. Get ready for success!

The Arkansas Real Estate Commission has specific regulations regarding advertising practices in real estate, which include ensuring that the principal broker's name is included in any promotional materials. This requirement is put in place to maintain transparency and uphold professional standards within the industry.

The potential fine of "up to $1,000 per violation of the Law" is aligned with the regulatory framework that seeks to penalize violations appropriately. This tiered fine structure serves as a deterrent against non-compliance and emphasizes the importance of adhering to advertising standards.

When determining the implications of advertising violations, the commission considers factors such as the nature of the violation, the frequency, and the intent behind the omission. The fine per violation encourages agents and brokers to be diligent about their advertising practices and ensures that clients can easily identify the responsible party in a real estate transaction.

Thus, the correct answer reflects the serious nature of the violation while promoting adherence to the established laws governing real estate advertising in Arkansas.

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