North Carolina License Law
A NC broker who makes a false statement on their license application may have their license:
AReduced to provisional status
BRefused, suspended, or revoked for misrepresentation✓ Correct
CAutomatically renewed without penalty
DRestricted to commercial transactions only
Explanation
Making false or misleading statements on a license application is a violation of NC license law and may result in denial, suspension, or revocation of the license.
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