Self dealing
Mary is an agent for real estate deals for her principal Jane, a land developer. Mary and her husband own property in Dover, Delaware that Mary sells to Jane without disclosing Mary's ownership. What is this an example of?
Yes (she did not disclose)
Mary is an agent who searches nationwide for real estate deals for her principal Jane, a land developer. Mary learns of property available at a site where a mall will soon be built. Mary purchases the land for herself and her husband Jim without informing
Yes (both land developers)
Mary is an agent for real estate deals for her principal Jane, a land developer. Mary is also an agent for Sally, another land developer. And, Mary and her husband Jim are also land developers. Is this competing with the principal?
Yes
Mary discloses to third party Jane's plan to buy vacant property near a soon to be built mall. Is this misuse of info?
Yes (not disclosed)
this agent of mine sold this house for $20,000 more than anyone else was willing to pay. she was the agent for the buyer and seller, and didn't disclose that she was the agent for someone else. did she breach her duty of loyalty?
Mary and principal
Mary crashes into another car while driving to meet the owner of land the principal is interested in purchasing. Who is liable to the injured person?
Only Mary (NOT principal)
Mary is authorized by Jane to locate land for development in the US. Mary travels to Australia because she learns of a potentially very lucrative opportunity for Jane. She travels without obtaining Jane's approval to seek business in foreign countries. Ma
Mary
Mary, while scouting land deals for Jane in NY, stops at a museum to browse its art collection. She accidentally destroys artwork. This is negligence for whom?
Detour (need to eat)
Mary, while scouting land deals for Jane in NY, stops at a diner to get lunch. Is this detour or frolic?
Mary
Example #1: Mary, on her way home from work, negligently injured Tom in a car accident. This creates liability for whom?
Mary and Jane
Example #2: Mary, on her way home, is asked by Jane to stop at Bloomingdale's to pick up Jane's mink coat. Mary negligently injures Tom in a car accident. This creates liability for whom?