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George Brown College CanadaBUS 1044 1) Explain the 3 kinds of agents

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George Brown College Canada BUS 1044

1) Explain the 3 kinds of agents.

Universal agent

General agent

Special agent

2-Explain the purpose of an agency agreement:

3-List the 3 parties to an agency relationship:

Explain the difference between a mortgagor and mortgagee

Explain what a mortgage is.

Explain what a lien is.

Explain the major differences between an employee and independent contractor.

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