Alaska License Law
An Alaska licensee who consistently charges clients fees above the market rate is:
AViolating the Commission's prohibition on above-market fees
BExercising their legal right to negotiate fees — there is no mandated commission rate✓ Correct
CRequired to justify the higher rate to the Commission
DCommitting misrepresentation
Explanation
Commission rates in Alaska are freely negotiated between the agent and client — there is no legally mandated minimum or maximum commission rate. Antitrust laws actually prohibit industry-wide fee setting. A licensee may charge whatever the market will bear, provided the fee is disclosed and agreed to by the client.
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