Marly is a janitor employed by Large Bank Ltd ("Large Bank"). Large Bank is an Australian bank headquartered in Sydney. While cleaning the CEO's office, Marly stumbles across some documents showing Large Bank is going to purchase some residential land in Brisbane to build a new head office. Marly thinks it would be a great idea if she purchased the residential land before Large Bank's plan became known because she thinks the value of the land will materially appreciate once everyone is aware Large Bank is relocating. Marly has nothing to worry about in carrying out her plan because, as an employee, she owes no duties to large Bank

Question

Quizplus · Accepted Answer

Marly, as an employee of Large Bank, owes a duty of loyalty and confidentiality to her employer. Using confidential information obtained through her employment for personal gain would likely be considered a breach of these duties.

Marly Is a Janitor Employed by Large Bank Ltd ("Large