Question
Which of the following is NOT true about an agent's duties? Question content area bottom Part 1 A. An agent may keep the principal's money
Which of the following is NOT true about an agent's duties?
Question content area bottom
Part 1
A.
An agent may keep the principal's money in the agent's personal bank account for safekeeping.
B.
The duty to account (sometimes called the duty of accountability) includes keeping records of all property and money received and expended during the course of the agency.
C.
The agent is liable to the principal for any injuries resulting from a breach of its duty to notify.
D.
A principal has a right to demand an accounting from the agent at any time.
E.
Unless otherwise agreed, an agent owes a duty to maintain an accurate accounting of all transactions undertaken on the principal's behalf.
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