(1) An agent who is vested with authority to do all that a principal may personally do, and can transact all of the business of his or her principal of every kind. (2) An agent vested with the authority to transact all of the business of his or her principal.
An agent who is empowered to conduct every lawful transaction that a principal can delegate including the right to represent, negotiate, and sign contracts on behalf of his employer; e.g., an attorney-in-fact.
someone authorized to transact every kind of business for the principal
An agent that can handle multiple types of contacts. .
A person empowered to do anything the principal could do personally. The universal agent's authority to act on behalf of the principal is virtually unlimited.
A type of agent characterized by having the authority to do all acts that can be lawfully delegated to a representative. Ordinarily, a universal agent is created by a power of attorney. Anyone of legal capacity may be an attorney in fact, a position created by the power of attorney. Care should be taken not to confuse this status with an attorney at law, a person who must be admitted to an appropriate bar. Power of attorney is useful when a principal wishes to empower a broker to sell a house while the principal must be out of the country and, thus, is unable to personally sign appropriate documents to convey title. It should be noted that power of attorney may be limited in authority so that a universal agency is not necessarily created.
Refers to either an agent who can handle all types of incoming calls or an agent who can handle both inbound and outbound calls.
An agent appointed to perform all acts that the principal can delegate lawfully to another.
