Texas Real Estate Brokerage Sales Apprentice Education (SAE) Practice Exam

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Prepare for the Texas Real Estate SAE Exam with our educational quiz. Study using flashcards and multiple choice questions, each with detailed explanations to ensure you're ready to pass your exam!

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For how many years can individuals be sentenced to prison for violations of the Sherman Act?

1 year
2 years
3 years
5 years

The correct answer is: 3 years

Individuals can be sentenced to prison for up to three years for violations of the Sherman Act. This antitrust legislation aims to prevent monopolistic practices and promote competition in the marketplace. The penalties under the Sherman Act reflect the seriousness of its violations, given their potential to harm consumers and stifle market competition. A three-year prison sentence serves as a significant deterrent against such illegal conduct. Each of the other options reflects shorter potential prison sentences, which do not align with the established legal consequences for serious violations of antitrust laws under the Sherman Act.