Leo engaged Raveen, a real estate agent, to sell his house and lot for him. Without disclosing the fact to Leo, Raveen arranged for his brother-in-law to offer to purchase the house at a relatively low price, because he knew Leo was anxious to sell the property. After the transaction closed, Leo discovered the true facts. Leo would be entitled to recover the commission he paid to Raveen on the sale.

Question

Quizplus · Accepted Answer

Raveen breached his fiduciary duty to Leo by not disclosing his personal interest in the transaction, which entitles Leo to recover the commission paid.

Leo Engaged Raveen, a Real Estate Agent, to Sell His