Final answer:
The correct answer is a special agent. A property manager who rents apartments for an owner and can sign contracts on their behalf is considered a special agent.
Step-by-step explanation:
The correct answer is a) a special agent. A property manager who rents apartments for an owner and can sign contracts on their behalf is considered a special agent. Special agents have limited authority and are only authorized to act on behalf of the principal in specific, defined situations.
For example, the property manager may be able to sign lease agreements, collect rent, and manage maintenance requests for the owner. However, they would not have the authority to sell the property or make major financial decisions without the owner's approval.
This distinction is important because it determines the extent of the agent's authority and the legal responsibilities they have towards the owner.