If an Agent Indulges in Commingling, He _____

question 47

Multiple Choice

If an agent indulges in commingling, he _____.

• A) probably will not be liable for loss to the principal
• B) bears the risk of any loss to the principal
• C) will not be liable for any loss to the principal if the property is not wrongfully used
• D) is breaching the duty to communicate information

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Definitions:

Economic Development

The process through which a nation improves the economic, political, and social well-being of its people.

Saving and Investment

The act of setting aside income for future use and the use of those savings for purchasing capital goods or financial assets.

Productivity of Labor

The measure of output per worker or per hour worked, indicating how effectively labor inputs are converted into goods or services.