Dakota Energy Company employs Evan to negotiate the purchase of mineral rights for future mining projects. Evan secretly buys some of the property and sells it to Dakota at a profit. Evan has breached

Question

Dakota Energy Company employs Evan to negotiate the purchase of mineral rights for future mining projects. Evan secretly buys some of the property and sells it to Dakota at a profit. Evan has breached​

Quizplus · Accepted Answer

Evan has breached the agent's duty of loyalty by secretly buying and profiting from the property that he was supposed to be negotiating for on behalf of Dakota Energy Company. As an agent, Evan is obligated to act in the best interest of his principal, which includes avoiding any conflicts of interest and refraining from self-dealing.

Dakota Energy Company Employs Evan to Negotiate the Purchase of Mineral