Riley Reed manages a 40-unit apartment building for the owner, hires repair vendors, collects rents, and handles routine leasing within the authority granted. What type of agent is Riley Reed?
Correct Answer
D) General agent
General agent is correct because the facts match an agent authorized to handle a broad range of ongoing acts for the principal within a particular area of activity. That is the best description of the relationship, right, or legal concept tested here.
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Casey Patel is hired only to find a ready, willing, and able buyer for Morgan Flores's duplex. Casey Patel does not manage all of Morgan Flores's affairs. What type of agent is Casey Patel?
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Riley Reed leaves the country and gives Avery Ward broad power of attorney to handle nearly all financial and property matters on Riley Reed's behalf. What type of agent is Avery Ward?