Power Company employs Qin to negotiate the purchase of rights of way for a future power transmission project. Qin secretly buys some of the property along the planned route and sells the rights to Power at a profit. Qin has breached

Question

Quizplus · Accepted Answer

Qin has breached the duty of loyalty, which requires agents to act solely in the best interest of their principals (in this case, Power Company) without any conflict of interest. By secretly buying property and then selling it at a profit to Power Company, Qin put his own interests above those of his employer, violating this duty.

Power Company Employs Qin to Negotiate the Purchase of Rights