What are the consequences of failing to perform due diligence in identity verification?

Failing to perform due diligence in identity verification can result in serious consequences for a notary. The choice stating that the notary could face penalties including suspension or revocation is correct because notaries have a legal obligation to verify the identity of signers to prevent fraud and ensure the integrity of notarial acts. If a notary neglects this duty, they may face disciplinary actions from the state, which could include suspension or even revocation of their notary commission. These measures are in place to uphold the trust and validity of notarial services, which are essential in legal and financial transactions.

The potential repercussions highlight the importance of thorough identity verification procedures. Notaries must take their responsibilities seriously, as failure to do so undermines public confidence in the notarial process and can lead to legal issues for all parties involved in the transaction.