An agent must keep accurate accounts of his or her transactions conducted as part of the:

Question

Quizplus · Accepted Answer

Keeping accurate accounts of transactions is a standard part of an agency agreement, which outlines the responsibilities and expectations of both the agent and the principal. Termination clauses, appointment letters, and codicils are all separate legal documents that may relate to an agency relationship, but they do not address the specific requirement of maintaining detailed records of transactions.

An Agent Must Keep Accurate Accounts of His or Her