If an agency relationship is made specifically with the agent, not the principal in mind, this is known as an ________.
A) agency for an agent
B) agency coupled with an interest
C) agency benefitting the agent
D) agency compensation principle
E) agency entitlement principle

Question

Quizplus · Accepted Answer

An agency coupled with an interest is a type of agency relationship where the agent has some interest in the subject of the agency, beyond just earning a commission or fee. This interest could be a financial stake in the property or business being dealt with, making the agency relationship more secure and not easily revocable by the principal.

If an Agency Relationship Is Made Specifically with the Agent