Which of the following can the commission purchase and maintain?

The correct answer is that the commission can purchase and maintain insurance. This is significant as insurance is a crucial tool that protects the commission against potential liabilities and other risks associated with its operations. By maintaining appropriate insurance coverage, the commission safeguards its assets and ensures financial stability in the face of unforeseen issues, such as legal challenges or claims against it.

Real estate, while it can be an asset, is typically not a primary focus for a commission which usually operates within the parameters of providing regulatory oversight rather than engaging in property ownership. Transportation vehicles are also not generally part of a commission's responsibilities or needs, as their primary function does not require such assets. Employee benefits, while essential for staff welfare, do not pertain to what the commission itself would purchase and maintain on a corporate level. Thus, the support of purchasing insurance aligns with the commission’s operational needs and risk management framework.