Final answer:
The Commission has the authority to impose fines, revoke or suspend licenses, and reprimand licensees when a license law violation occurs.
Step-by-step explanation:
If a license law violation occurs, the Commission has the authority to impose a fine up to $2,500, revoke or suspend the licensee's license, and reprimand the licensee. This range of penalties is common among government regulatory agencies that have the responsibility to enforce laws and regulations within their jurisdiction. Agencies like the Occupational Safety and Health Administration (OSHA) can issue citations and fines for safety violations and the Federal Communications Commission (FCC) can fine broadcasters or even revoke licenses for violating decency standards. Therefore, the correct answer to the student's question is 4) all of the answers shown.