Agency
The difference between a general agent and a special agent is that a general agent:
AHas broader authority to act on behalf of the principal in a range of matters✓ Correct
BIs only authorized for a single specific transaction
CHas no authority to bind the principal contractually
DWorks exclusively in commercial real estate
Explanation
A general agent has broad authority to act on behalf of the principal in a range of matters (e.g., a property manager). A special agent is authorized for a specific transaction or purpose (e.g., a listing agent authorized to find a buyer for one property).
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