1. No. The T was incorrect
NFHS ruling (almost identical to your play):
Quote:
10.3.2 SITUATION B: After a lengthy substitution process involving multiple substitutions for both Team A and Team B, A5 goes to the bench and remains there, mistakenly believing he/she has been replaced. The ball is put in play even though Team A has only four players on the court. Team A is bringing the ball into A’s frontcourt when the coach of Team A realizes they have only four players. The coach yells for A5 to return and he/she sprints directly onto the court and catches up with the play. RULING: No technical foul is charged to A5. A5’s return to the court was not deceitful, nor did it provide A5 an unfair positioning advantage on the court.
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The rest of the questions are not relevant since this shouldn't have been a T at all.
If the situation had been after a timeout instead, the ruling is different, but not for being slow to come out...
Quote:
10.1.9 SITUATION: Following a charged time-out Team B is still with their coach on the sideline when the official sounds the whistle to indicate play will resume. Four players of B return to the court just in time to play defense as A1 attempts an unsuccessful three-pointer. B1 rebounds and throws a long pass to B5 who enters the court just in time to catch the pass. RULING: A technical foul is immediately charged to Team B for failing to have all players return to the court at approximately the same time following a time-out or intermission. While it is true the entire team may be off the court while the procedure is being used, once a team responds, all players must enter the court at approximately the same time.
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