Which term describes an agency relationship that cannot be canceled and may survive the principal's death?

• A. Single agency
• B. Designated agent
• C. Agency coupled with interest
• D. Seller as principal

Answer: (C)

Agency coupled with an interest is an arrangement where the agent actually has a stake in the subject of the agency. Because the agent holds that interest, the principal can’t cancel the relationship at will, and the arrangement is effectively irrevocable. This kind of agency can even survive the principal’s death, since the agent’s secured interest continues to exist to protect that stake until it’s satisfied. That’s why it’s the best fit for a relationship described as non-cancelable and capable of lasting beyond the principal’s demise. The other forms don’t carry that same irrevocability or survivability: a standard single agency is typically revocable and ends with the principal’s death; a designated agent is just a named representative within a brokerage and can be changed or revoked; and “seller as principal” describes who is in charge rather than a specific type of enduring, irrevocable agency.