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. The transaction is valid.

Question

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The transaction may be considered fraudulent because Raveen, as the agent, had a duty to act in Leo's best interest but instead acted in a self-serving manner by not disclosing his relationship with the buyer, potentially violating fiduciary duties and leading to a conflict of interest.

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