Final answer:
Practicing without a license or fraudulently taking the Board exam is considered a misdemeanor, punishable by a fine $1000-$5000.
Step-by-step explanation:
Practicing without a license or fraudulently taking the Board exam is considered a misdemeanor in the field of law. It is a criminal offense that can result in various penalties, including fines. The correct answer is option 1) misdemeanor and punishable by a fine $1000-$5000.