What is the difference between a general agent and a special agent?

General v. Special Agent

·         General agent

o   Authorized to conduct a series of transactions involving continuity of service. Restatement (Second) of Agency § 3(1).

§  Does not require “fresh authorization” for each transaction

·         Special agent

o   Authorized to conduct a single transaction or series of transactions not involving continuity of service. Restatement (Second) of Agency § 3(2).

§  A special agent can only bind undisclosed principals to contracts made by the agent with a third party within the scope of the agent’s authority. (Third-parties are more limited in holding a principal liable for the actions of a special agent than the actions of a general agent)