An agent must keep accurate accounts of his or her transactions conducted as part of the:
A) termination clause.
B) appointment letter.
C) agreement
D) agency agreement.

Question

Quizplus · Accepted Answer

The requirement for an agent to keep accurate accounts of his or her transactions is typically specified in the agency agreement. The termination clause, appointment letter, and agreement may also be part of the overall relationship between the agent and principal, but they do not necessarily address the specific accounting responsibilities of the agent.

An Agent Must Keep Accurate Accounts of His or Her