Agency
Under Nevada agency law, the duty of 'accounting' requires an agent to:
APrepare tax returns for the client
BKeep careful records of and account for all client funds and documents✓ Correct
CProvide monthly financial statements to the client
DAudit the seller's financial statements before listing
Explanation
The duty of accounting requires the agent to safeguard and properly account for all money and property entrusted to them by the client, including earnest money deposits.
Related Nevada Agency Questions
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