Arizona License Law
A real estate licensee in Arizona who engages in 'commingling' has:
ACombined client funds with the broker's personal or operating funds✓ Correct
BFailed to disclose a conflict of interest to both parties
CAccepted compensation from more than one party without disclosure
DAdvertised a property without the seller's permission
Explanation
Commingling is the illegal practice of mixing client funds (such as earnest money or security deposits) with the broker's personal or business operating funds. All client funds must be kept in a separate trust account.
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