An Agent Has a Duty to Keep and Make Available

question 17

True/False

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 behalf of the principal.

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Definitions:

Exchange Rate

The worth of a currency when exchanging it for another currency.

Australian Dollars

The official currency of Australia, represented by the symbol AUD.

Exchange Rate

The value of one currency for the purpose of conversion to another.

Australian Dollars

Australian Dollars (AUD) is the currency used in Australia, represented symbolically as A$ or AUD.