Chapter 2 Flashcards

1
Q

Identify two types of penalties that a professional organization’s disciplinary committee could impose on its members.

A

A professional organization’s disciplinary committee could impose a variety of penalties, including a reprimand, suspension from membership privileges, a monetary fine, paying for the costs of the disciplinary hearing, expulsion from membership and an order to complete disciplinary education.

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2
Q

A mortgage _________ collects mortgage payments and forwards them to the lender.

A

administrator

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3
Q

The provincial agency with the authority to administer the Mortgage Brokers Act and Regulations is the _______ _______ _______.

A

The provincial agency with the authority to administer the Mortgage Brokers Act and Regulations is the BC Financial Services Authority.

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4
Q

What are administrative tribunals?

A
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