An agent must obey

A) all instructions of the principal.
B) only lawful instructions of the principal.
C) only the instructions of the principal that the agent wants to follow.
D) only instructions of the principal that are approved in advance by the bureau of real estate.

Answer: B) only lawful instructions of the principal.

Business

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In liability fraud, liabilities are most often:

a. understated. b. overstated. c. recorded as assets. d. recorded as expenses.

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Differentiate between the variable overhead spending variance and the variance overhead efficiency variance

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