Which of the following is considered an example of a universal agent?

Which of the following is considered an example of a universal agent?

• A. Real estate broker
• B. Lawyer
• C. Conservator
• D. General contractor

Answer: (C)

A universal agent is someone who has the authority to perform any act on behalf of another individual, often in a broad scope of duties. This type of agency typically comes into play in personal or financial management, making decisions that could significantly impact the person they represent. In this context, a conservator is designated to manage the affairs of another individual, particularly someone who may be incapacitated or unable to manage their own affairs. The conservator can make a wide range of decisions, covering various aspects such as financial management, healthcare, and everyday living arrangements, embodying the full scope of responsibilities attributed to a universal agent. The other options denote roles that, while they may have significant responsibilities, do not operate under the broad authority characteristic of a universal agent. A real estate broker primarily operates within the realm of property transactions; a lawyer's role is typically confined to legal matters; and a general contractor manages the construction process rather than having overarching decision-making authority across various domains.

A universal agent is someone who has the authority to perform any act on behalf of another individual, often in a broad scope of duties. This type of agency typically comes into play in personal or financial management, making decisions that could significantly impact the person they represent.

In this context, a conservator is designated to manage the affairs of another individual, particularly someone who may be incapacitated or unable to manage their own affairs. The conservator can make a wide range of decisions, covering various aspects such as financial management, healthcare, and everyday living arrangements, embodying the full scope of responsibilities attributed to a universal agent.

The other options denote roles that, while they may have significant responsibilities, do not operate under the broad authority characteristic of a universal agent. A real estate broker primarily operates within the realm of property transactions; a lawyer's role is typically confined to legal matters; and a general contractor manages the construction process rather than having overarching decision-making authority across various domains.