Universal Agent

Definition: A universal agent is authorized to act for a principal across a very broad range of matters, to the extent the law permits delegation.

Example

A study question describes an agent authorized to handle virtually all of a principal's business and personal affairs.

Keep the distinction clear

Universal agency is broader than general agency. An ordinary listing agreement or a document labeled power of attorney does not automatically confer unlimited authority.

Related terms

General Agent · Special Agent · Agent

Keep studying

Buyer Agreements and Florida Agency: What Changed?

References: Justia Legal Dictionary: universal agent

Pronunciation (US): yoo-nuh-VER-suhl AY-juhnt (capitals show stress)

Pronunciation reference: Merriam-Webster