Which of the following amounts must be deposited in a dealer's trust account from a consignment sale?

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For a consignment sale, the requirement is to deposit specific amounts into a dealer's trust account to ensure proper handling of funds and maintain compliance with the regulations overseeing such transactions. The correct choice signifies that only amounts exceeding a threshold of $10,000 need to be placed in the trust account. This threshold is set to help streamline the process of managing larger sums that typically require additional oversight to protect both the seller and the dealer.

There are clear regulatory guidelines regarding trust accounts, primarily focused on safeguarding the interests of those involved in the automotive transaction. Funds below this threshold are often permitted to be managed differently, leading to more flexible handling for smaller transactions. This ensures that only substantial amounts, which have a higher potential impact in terms of liability and financial responsibility, are subject to the stringent trust account regulations.

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