Final answer:
A licensee could have her license suspended or revoked for failing to give the purchaser a copy of the offer to purchase, charging unreasonable commission fees, or failing to update the marketing strategy.
Step-by-step explanation:
In the field of business, a licensee could have her license suspended or revoked under different circumstances. One such circumstance is failing to give the purchaser a copy of the offer to purchase, as this is a violation of ethical standards and could lead to the loss of licensure. Another circumstance is charging unreasonable commission fees, which can be seen as predatory and exploitative. Finally, if a licensee fails to update their marketing strategy and adapt to the changing market, it could result in negative consequences that may lead to the suspension or revocation of their license.