A contractor who knowingly makes false statements and does not comply with The Florida Worker's Compensation Law may, upon conviction, be punished by a fine of not more than_____ or by imprisonment for not more than ________.

The correct answer reflects the legal penalties outlined in Florida's laws regarding worker's compensation. When a contractor knowingly makes false statements related to workers' compensation and fails to comply with the law, the penalties serve to deter such behavior and enforce compliance. In this instance, the law establishes that a contractor may face a punishment of a fine of not more than $500.00 and could be subject to imprisonment for a maximum of one year.

These specific penalties are intended to address the seriousness of false statements in the context of worker safety and employer responsibilities. The relatively lower fine and shorter sentence emphasize the legal framework's focus on correction and compliance rather than solely punitive measures. Understanding the reasoning behind these penalties is essential for contractors to recognize the importance of adhering to regulations, helping to foster a safe and lawful work environment.