Which of the following are the three main types of agency relationships in Maryland?

The correct answer identifies the three main types of agency relationships as universal, general, and special agency. This classification is significant in Maryland law and provides a framework for understanding the extent and limitations of the authority granted to agents by principals.

Universal agency refers to a situation where the agent has the authority to act on behalf of the principal in all matters, effectively functioning in a comprehensive role. This type of agency is rare and typically designated in very specific circumstances where the agent is entrusted with complete responsibility.

General agency encompasses instances where the agent has the authority to act on behalf of the principal in a broad range of specific matters but does not cover every aspect of the principal's affairs. An example of general agency is a property manager who manages rental properties but does not make broader decisions outside that context.

Special agency is more limited and allows the agent to act on behalf of the principal in specific tasks or for a limited duration. This is most commonly seen in real estate transactions where a real estate agent is given the authority to represent the seller during the sale of a particular property.

Understanding these distinctions is crucial for determining the rights and responsibilities of both agents and principals in various scenarios. The other options provided do not correctly identify the main types of agency relationships recognized in Maryland law