Under which condition can a motor vehicle salesman's license be revoked or suspended?

The revocation or suspension of a motor vehicle salesman's license is primarily tied to violating any of the terms and provisions set forth by the licensing authority. This encompasses a wide range of actions that may breach regulations or ethical standards required for operating within the industry. Such violations can include engaging in deceptive practices, failing to adhere to financial responsibilities, or any misconduct that undermines the integrity of the sales process. Therefore, maintaining compliance with the specific rules and regulations is crucial for the preservation of a salesman’s license.

While the other conditions listed also reflect potentially serious issues within the motor vehicle sales industry, they represent specific scenarios that may lead to an investigation or disciplinary action rather than the overarching principle of violating the terms of licensing. Hence, option B is the most comprehensive and aligned with the fundamental reason for license revocation or suspension in this context.