Which statement about trust accounts is FALSE? A broker may withdraw funds from a trust account. Client

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Which statement about trust accounts is FALSE?

A broker may withdraw funds from a trust account.

Client earnest money checks must be made out to the broker.

A co-signer may not withdraw funds from a trust account.

A co-signer must be an associate broker.

Related Book For answer-question

Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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Posted Date: Dec 27, 2023 04:27 AM

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Which statement about trust accounts is FALSE? A broker may withdraw funds from a trust account. Client

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The detailed answer for the above question is provided below The FALSE statement is A cosigner mu... View the full answer

Smith and Roberson Business Law

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