North Carolina License LawIntermediateNorth Carolina Exam
What is the maximum amount the NCREC Recovery Fund will pay per licensee for all claims against that licensee?
A$10,000
B$25,000
C$75,000Correct
D$100,000
Why $75,000 Is Correct
Answer C: $75,000
The Recovery Fund caps payments at $75,000 per licensee for all aggregate claims arising from that licensee's conduct.
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