AgencyMEDIUM
An agent with complete legal authority to act for a principal in all matters is a:
Correct Answer
C) Universal agency
Universal agency grants the agent complete authority to act on behalf of the principal in all matters, typically through a power of attorney.
Answer Options
A
Special agencyB
General agencyC
Universal agencyD
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More Agency Questions
Which duty requires an agent to keep the principal informed of all material facts?
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