An Agent's Duties to a Principal Are to

question 131

Multiple Choice

An agent's duties to a principal are to

• A) perform work competently.
• B) obey and be loyal to the principal.
• C) notify the principal of all matters that come to the agent's attention concerning the subject matter of the agency.
• D) render an accounting to the principal of all property and funds received and paid out on behalf of the principal.
• E) All of these choices are correct.

Understand the principles of computer storage and memory, including the difference between RAM, ROM, and storage devices.

Identify and utilize tools within operating systems for managing applications, files, and processes.

Recognize and describe key components of computer hardware and their functions.

Navigate file systems and understand the organization and management of files and folders.

---

Definitions:

Income Receivers

Individuals or entities that receive income through various means such as employment, investments, or ownership of resources.

Tax Structure

The organized system of taxes imposed by a government, including the rates, bases, and rules governing tax liabilities.

Government Lotteries

State-run games of chance that allow participants to win monetary prizes based on randomly drawn numbers or symbols.

Tax Revenues

The income that is gained by governments through taxation, used to fund public expenditures.