Agency
The duty of 'accounting' in an Indiana agency relationship requires the agent to:
APrepare tax returns for the client
BKeep accurate records and account for all client funds and property✓ Correct
CProvide weekly financial updates to the client
DPay for property inspections on behalf of the client
Explanation
The duty of accounting requires the agent to properly manage, track, and account for any money or property entrusted by the client, including earnest money and security deposits, and to provide accurate records upon request.
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