Agency
In Virginia, the duty of 'accounting' in a fiduciary relationship means the agent must:
APrepare tax returns for the client
BPromptly account for all money and property received on behalf of the client✓ Correct
CAudit the client's financial records
DNegotiate the best price for the client
Explanation
The fiduciary duty of accounting requires an agent to keep accurate records of all client funds and property received, account for all money, and promptly report to the client.
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