An agent must keep the funds of the principal at all times:
A) separate from their own.
B) in a bank account.
C) in a jointly held account.
D) in a trust account.
Correct Answer:
Verified
Q34: Which of the following circumstances is not
Q35: If a principal's instructions are vague or
Q36: The agent's duty of confidentiality is a
Q37: The agent has a duty to pass
Q38: The indemnity a principal ordinarily owes to
Q40: An agent who does something that they
Q41: A mercantile agent is an agent who:
A)is
Q42: A del credere agent:
A)agrees to indemnify the
Q43: Authority by ratification exists if the principal:
A)authorises
Q44: If an agent is appointed to engage
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