Maryland License Law (alternative)
A Maryland licensee's failure to account for funds received from a client is known as:
AConversion
BCommingling
CEmbezzlement
DAll of the above may apply depending on the specific act✓ Correct
Explanation
Failure to account for client funds can constitute commingling (mixing funds), conversion (treating client funds as one's own), and even criminal embezzlement — all potentially applicable depending on the facts.
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