Final answer:
The Department of Financial Services would likely order agent K to provide a refund to the client for making an improper sale of an annuity.
Step-by-step explanation:
The Department of Financial Services would likely order agent K to take the corrective action of providing a refund to the client.
When an agent makes an improper sale of an annuity to a client, it means that they have sold a product that is not suitable for the client's needs or financial situation. In such cases, the Department of Financial Services typically requires the agent to rectify the situation by providing a refund to the client.
By providing a refund, the client will be compensated for the improper sale, and the agent will be held accountable for their actions.