manman2710 manman2710
  • 12-02-2024
  • Business
contestada

A licensed broker received a judgment against him and the settlement of the claim was paid from the Recovery Fund by the Commissioner. The broker is required to pay back this amount. If the broker is bankrupt, he/she will be required to:

a) Pay the fund back in full plus interest
b) Make monthly payments
c) Pay back only a certain percentage
d) Pay back nothing

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