Property Management
A South Carolina property manager who misappropriates funds from the owner's trust account is guilty of:
ASimple negligence
BEmbezzlement, which may result in criminal prosecution and license revocation✓ Correct
CA minor contract violation
DOnly a civil breach of fiduciary duty
Explanation
Misappropriating client funds from a trust account is embezzlement—a criminal act. It also constitutes a serious violation of SC real estate license law, resulting in license revocation and potential criminal prosecution.
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