Real estate brokers operate under the law of agency, which gives a broker the right to act for a principal in trying to buy or sell a property. Which of the following types of agents is authorized by the principal to act primarily within the confines of a business or employment relationship?

A. Universal agent
B. General agent
C. Special agent
D. Listing agent

-the personal ownership of property

-the influence of consumer demand

explanation:

the command economy prohibits the personal ownership of property.

basically, command economy is defined as the system where a nation’s government is the one that makes all the decisions when it comes to its economy. the government is the one who controls the production of goods and services and regulates the prices and salaries.

therefore, since that the government is the authority, then all kinds of personal ownership of property is prohibited by them.