Which agency authorizes an agent to perform a specific act or handle a specific business matter for the principal?

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Multiple Choice

Which agency authorizes an agent to perform a specific act or handle a specific business matter for the principal?

Explanation:
Authority for a single act or specific transaction is described as a special agency. This type of agency is created when the principal designates the agent to handle only one particular task or matter, so the agent’s power is limited to that specific act and ends once the task is completed. By contrast, a universal agent can act in all matters the principal could delegate, and a general agent handles a broader range of matters within a particular business or area. Express agency refers to how the authority is granted—explicitly—but the defining feature here is the restricted scope, which makes it a special agency.

Authority for a single act or specific transaction is described as a special agency. This type of agency is created when the principal designates the agent to handle only one particular task or matter, so the agent’s power is limited to that specific act and ends once the task is completed. By contrast, a universal agent can act in all matters the principal could delegate, and a general agent handles a broader range of matters within a particular business or area. Express agency refers to how the authority is granted—explicitly—but the defining feature here is the restricted scope, which makes it a special agency.

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