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An agent has a duty to keep and make available to the principal an account of all property and funds received and paid out on the principal's behalf.
Unemployment Compensation
Financial payments made to individuals who have lost their jobs, intended to provide temporary financial support.
Food Stamps
A government-issued voucher used by recipients to purchase food as part of the Supplemental Nutrition Assistance Program (SNAP), designed to assist low-income families and individuals.
Retirement Benefits
Financial support or services provided to individuals upon retirement, including pensions, social security, and health care benefits, aimed at ensuring financial security in old age.
Income Redistribution
The reallocation of wealth and income in a society, typically through taxation and government spending, aimed at reducing economic inequalities.
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