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Question 1 of 2
1. Question
What minimum monetary penalty may be imposed on an agent for a first violation of the long-term care specific provisions of the California Insurance Code if the violation is NOT considered a “knowing” violation?
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Question 2 of 2
2. Question
Arthur, an insurance broker, was charged with misrepresentation that caused his client to suffer a loss amounting to $15,000. What is the maximum fine that may be imposed for Arthur’s illegal act?
