Tennessee Real Estate Exam Practice Question
A licensee deposits a client's check into the broker's personal account. This is
Correct Answer: B
Rationale: Depositing a client's check into the broker's personal account constitutes commingling, which is the illegal mixing of client funds with personal funds. This practice violates fiduciary duty and can lead to legal repercussions.
Option A, conversion, refers to the unauthorized use of someone else's property, which is not the primary issue here.
Option C is incorrect because no client funds should ever be deposited into a personal account, regardless of the source.
Option D is also wrong; the time frame does not justify improper handling of client funds. Proper handling of client funds is essential at all times.
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