Wisconsin License Law
Under Wisconsin Wis. Stat. § 452.19, a broker who receives an earnest money deposit must keep it separate from personal funds. Failure to do so is called:
AConversion
BCommingling✓ Correct
CEmbezzlement
DMisrepresentation
Explanation
Commingling is the illegal mixing of client trust funds with the broker's personal or business funds, prohibited under Wis. Stat. § 452.19.
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