Question

A licensee may have his license suspended or revoked for?

a. not returning phone calls.
b. confiding in his client.
c. failing to disclose an interest in a transaction.
d. disclosing material matters.

Answer 1

A licensee may have their license suspended or revoked for failing to disclose an interest in a transaction or for disclosing material matters.

Step-by-step explanation:

In the context of licensing in the field of law, a licensee may have their license suspended or revoked for various reasons.

One reason is failing to disclose an interest in a transaction. This means that if a licensee is involved in a transaction and fails to disclose that they have a personal or financial interest in that transaction, it can be grounds for suspension or revocation of their license.

Another reason is disclosing material matters. A licensee is obligated to disclose any material information or facts that may impact a client's decision-making process. Failure to do so can result in disciplinary actions.