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OMVIC License Practice Test & Course – Prepare For The OMVIC Exam In Ontario

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How much does each salesperson pay into the Compensation Fund?
Correct Answer:
Nothing
Explanation:
The reason why the other options are incorrect is because the question is asking about how much each salesperson pays into the Compensation Fund, suggesting that the payment is taken from their salary or commission. Options A, B, and C all suggest specific numbers, which may not be accurate and could change in the future. Option D, on the other hand, states that salespeople do not pay anything into the Compensation Fund, which is the correct answer.

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