Question

What is the smallest dollar civil penalty that will be assessed for a single act of misrepresentation?

a. $200
b. $500
c. $1,000
d. $10,000

Answer 1

The smallest dollar civil penalty that will be assessed for a single act of misrepresentation is $200.

The correct answer is A

Step-by-step explanation:

The civil penalty imposed on a single act of misrepresentation ranges between $200 and $10,000. Thus, the smallest dollar penalty is $200.