Nmls practice exam free - c) Federal State Law. d) Mortgage State Law. Answer : b. 2) How are telemarketing sales rule violators penalized? a) Violators need to pay a fine of $400 per occurence. b) Violators need to pay a fine of $4000 per occurence. c) Violators need to pay a fine of $40000 per occurence. d) Violators need to pay a fine of $40 per occurence. Answer : c.

 
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