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Question
Generally, the agent's duty to keep an accounting means that the agent must:
A. keep records, receipts, and other documentation of costs or income for the principal.
B. be able to verify the exact number of hours the agent spends acting within the scope of employment.
C. prepare tax returns for the principal pertinent to the agent's financial activities.
D. be able to account for any and all of the principal's funds when they are commingled with the agent's or anyone else's funds.
Answer
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