Linton, as a sales agent for Nancy, may keep the money for the sales in his personal bank account until due to her as long as he keeps accurate records of the amounts he must separate out to pay to her.

Question

Quizplus · Accepted Answer

A sales agent must not commingle personal funds with the principal's funds. The money from sales should be kept in a separate account to ensure proper fiduciary responsibility and avoid potential legal issues.

Linton, as a Sales Agent for Nancy, May Keep the Money