Which agency type authorizes an agent to transact a broad range of matters concerning a specific area of business for the principal?

Which agency type authorizes an agent to transact a broad range of matters concerning a specific area of business for the principal?

• A. Express agency
• B. Universal agent
• C. General agency
• D. Single agency

Answer: (C)

General agency gives the agent authority to handle all matters within a defined area of business for the principal. This means a broad range of transactions and decisions can be conducted on the principal’s behalf in that specific field or geographic region. It’s broader than a task-specific arrangement but still limited to a particular area, unlike a universal agent who could act in all affairs of the principal, or a special/specific agent who handles only a single task. Express agency is about how the authority is granted, not the breadth of that authority, which is what this scenario describes.

General agency gives the agent authority to handle all matters within a defined area of business for the principal. This means a broad range of transactions and decisions can be conducted on the principal’s behalf in that specific field or geographic region. It’s broader than a task-specific arrangement but still limited to a particular area, unlike a universal agent who could act in all affairs of the principal, or a special/specific agent who handles only a single task. Express agency is about how the authority is granted, not the breadth of that authority, which is what this scenario describes.