An agent must maintain separate accounts for the principal's funds and the agent's personal funds.

Name: An agent must maintain separate accounts for the principal's funds and the agent's personal funds.
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Question

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As per the fiduciary duty, an agent must maintain a clear separation between the principal's funds and the agent's personal funds. Mixing of these funds is considered unethical and can result in legal consequences.

An Agent Must Maintain Separate Accounts for the Principal's Funds