Agency

In Idaho, what is a 'general agency'?

AAn agency covering all real estate activities nationwide
BAn agency that grants an agent broad authority to act on behalf of a principal in a range of matters✓ Correct
CAn agency governed by federal rather than state law
DAn agency relationship without any written agreement

Explanation

A general agency grants an agent broad, ongoing authority to act on behalf of the principal in a range of matters, such as a property manager who is authorized to handle all aspects of managing a property.

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