North Dakota License Law
Which of the following is an example of 'commingling' by a North Dakota broker?
ADepositing earnest money into the client's trust account
BDepositing client earnest money into the broker's personal checking account✓ Correct
CMaintaining separate trust accounts for different clients
DPaying operating expenses from the brokerage's operating account
Explanation
Commingling is the illegal mixing of client funds with the broker's personal or business operating funds. Depositing earnest money into the broker's personal account is a clear example of prohibited commingling.
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