What is one consequence of having a bond claim filed against a dealer?

When a bond claim is filed against a dealer, it can have serious implications for the dealer's license. A bond is a financial guarantee that dealers will conduct business according to state laws and regulations. If a claim is made, it typically indicates that the dealer may have violated these regulations or failed to meet certain obligations, such as providing proper titles or warranties to customers. This can result in disciplinary actions, which may include fines, restrictions on their license, or even revocation.

This consequence acts as a safeguard for consumers, as it ensures that there is accountability within the dealership. Should a dealer's actions lead to a bond claim, it reflects poorly on their reputation and can jeopardize their ability to operate legally. As for the other options, they do not accurately represent the likely outcomes of a bond claim; for example, dealers generally do not receive refunds from bond claims, cannot sue customers as a result of claims, and a bond claim would unlikely lead to an expansion of business.