Answer:
When Chris illegally places his client's funds into his personal account, what is he engaged in Commingling of Funds.
Explanation:
Commingling of Funds is the holding of funds, normaly a fidiciary would hold the fonds for a client. In this case by placing his client´s funds in his personal account, it makes it difficult to determien wether the funds belong to his client or to him.
The Commingled Fund is a blend of different accounts with assets that belong to multiple accounts. This is done to avoid the costs of mantaining the accounts separetely.
