Peter held a sales associate's license. He renewed his license by completing the post-licensure class on time, but he filled out the renewal form fraudulently. He was discovered by the FREC and his license was revoked. Can Peter ever apply for a real estate license again?

Explanation:

Based on the scenario being described it can be said that Peter can certainly apply for a real estate licence again but will most likely never receive one. This is mainly due to the fact that the FREC take fraud very seriously and will permanently revoke a licence if you are found guilty, in addition you can also be fined anywhere between $1,000 to $5,000 for the violation. Therefore Peter will most likely never be granted a sales associate's license again.

answer(b) revenue account which increases;