Under Ohio law, the Consumer Guide to Agency Relationships describes the duties and scope of several recognized agency relationships. Which of the following is NOT one of the agency types covered in the Consumer Guide?
Correct Answer
C) Universal agency, where the licensee acts on behalf of a principal in all matters
Universal agency is not a recognized agency type described in Ohio's Consumer Guide to Agency Relationships. While universal agency exists as a legal concept — typically created by a broad power of attorney authorizing an agent to act in all matters — it is not a form of real estate agency relationship governed by ORC Chapter 4735. The Consumer Guide specifically addresses seller agency, buyer agency, and dual agency as the three recognized forms in Ohio real estate practice.
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