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A property manager is an example of a...?

General agent
Special agent
Specific agent
Universal agent

User Mumbles
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Final answer:

A property manager is a general agent who handles a variety of ongoing responsibilities for property owners, such as leasing management and maintenance oversight, and is thus authorized to represent the owners in related business transactions.

Step-by-step explanation:

A property manager is an example of a general agent. In the realm of agency relationships, a general agent is someone who is authorized to perform a range of tasks related to a specific business or to carry out business transactions for the principal over an extended period of time. Unlike special or specific agents who are hired to perform a single task or a narrowly defined duty, a property manager often handles a variety of responsibilities, such as collecting rent, managing leases, and overseeing maintenance on behalf of property owners, establishing their role as ongoing representatives of the property owners, which fits the definition of a general agent.

User Vieenay Siingh
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