Agency
Agency Practice Question
The difference between commingling and conversion:
A
Conversion transfers property; commingling is unlawful transferB
Commingling transfers property; conversion is unlawful transferC
Commingling mixes client funds; conversion is unlawful misappropriationD
Conversion mixes funds; commingling is unlawful misappropriationExplanation
Commingling is mixing client funds with personal funds; conversion is using client funds for personal use.
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