An agent with authority to represent the principal only for a specific transaction, usually for a limited time is a(n):

Question

Quizplus · Accepted Answer

A special agent is an agent with limited authority to represent the principal for a specific transaction or a limited period. This is in contrast to a universal agent who has broader authority, and an agent who has an agency coupled with an interest, who has a personal stake in the outcome of the transaction. A gratuitous agent is one who represents the principal without any compensation or consideration, and none of the other choices accurately describe an agent with limited authority for a specific transaction.

An Agent with Authority to Represent the Principal Only for a Specific