An express agency relationship can also be created between a broker and a buyer through which agreement?

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

Answer: (B)

This question tests how a broker–buyer relationship is formed. An express agency relationship is created by an explicit agreement between the broker and the buyer, typically in writing as a buyer representation agreement. This contract clearly sets out the broker’s duties, the scope of authority, term, and compensation, making the relationship intentional and documented. While some agency can arise from actions (an implied agency), the express form relies on a stated agreement.

The other terms describe the nature or scope of the relationship, not the way it’s created. A general agent has broad authority in many matters for the principal, a single (or exclusive) agency refers to representing one party in a transaction, and a universal agent has very broad powers to act for the principal. None of these specify how the broker–buyer relationship is established the way an express agreement does.