Alaska License Law

The Alaska Real Estate Commission has authority to do all of the following EXCEPT:

ASuspend or revoke a real estate license
BImpose civil fines on licensees
CApprove pre-license education providers
DSet commission rates charged by brokers✓ Correct

Explanation

The Alaska Real Estate Commission may discipline licensees, approve education providers, and promulgate regulations. However, it cannot set or mandate commission rates. Commission rates are negotiable between brokers and clients; price-fixing would violate antitrust laws.

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