Agency
In South Carolina, 'agency coupled with an interest' is:
AAn agency relationship with high commission rates
BAn agency where the agent has a financial interest in the subject matter of the agency, making it irrevocable✓ Correct
CA dual agency arrangement
DAn agency combined with a property management agreement
Explanation
Agency coupled with an interest occurs when the agent has a property interest in the subject of the agency (e.g., a lender who is also an agent for the sale of collateral). This type of agency cannot be revoked by the principal and survives the principal's death.
Related South Carolina Agency Questions
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