Delaware License Law
A Delaware licensee who places a client's funds in the licensee's personal bank account is guilty of:
AConversion
BCommingling
CConversion and commingling✓ Correct
DNeither — it is acceptable if the client consents
Explanation
Commingling is mixing client funds with personal funds. If the licensee also spends or uses the funds for personal purposes, it becomes conversion (theft of funds).
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