The misappropriation and use of a a client's funds by an agent is called:
a. conversion
b. commingling
c. secret profit
d. misrepresentation
Answer: a. conversion
Business
You might also like to view...
Which of the objectives below would best represent conclusive research?
A) Describe market characteristics or functions. B) Determine cause and effect relationships. C) Provide insights and understanding. D) A and B are correct.
Business
Behavior is generally __________ and the __________ of behavior is a means to making reasonable accurate predictions
A) uncontrollable; systematic study B) predictable; systematic study C) predetermined; observation D) controllable; theoretical application
Business