Agency
In South Dakota, an agent who is asked to hold earnest money but deposits it in their personal account is violating which duty?
ALoyalty
BObedience
CAccounting✓ Correct
DConfidentiality
Explanation
The duty of accounting requires agents to properly account for and safeguard all funds received on behalf of clients. Depositing trust funds in a personal account is commingling, violating the duty of accounting.
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