Universal agency differs from general agency primarily because the universal agent:

Universal agency differs from general agency

Multiple choice — select the best answer

ACan represent both buyer and seller simultaneously
BMay be authorized to act in ALL matters for the principal, including signing legal documents
CRepresents multiple principals at the same time
DIs only authorized to act in real estate transactions

✓ Correct answer: B. May be authorized to act in ALL matters for the principal, including signing legal documents Universal agency grants the broadest authority, often via a power of attorney, allowing the agent to act in virtually all matters for the principal. General agency, by contrast, is limited to a specific business or type of activity.

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Universal agency differs from general agency primarily because the universal agent:

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