Are the penalties outlined the only remedies available?

The correct answer is that penalties may also be assessed under other applicable statutes. This reflects the understanding that the consequences of non-compliance or misconduct are not limited to a single set of penalties. Legal frameworks often include a variety of statutes that may impose additional penalties or remedies, depending on the nature and context of the violation.

In practice, this means that if an individual or organization is liable under one statute, they may also face repercussions under different laws, which could include civil penalties, administrative sanctions, or even criminal penalties. This layered approach allows for a more comprehensive enforcement mechanism and underscores the importance of adhering to multiple regulatory requirements.

Considering the other options, affirming that penalties are the only remedies available overlooks the broader legal context. Stating that remedies are only available for severe offenses or that there are common remedies implies a misunderstanding of the law's complexity, which often provides multiple avenues for addressing violations.