Shari Entered into an Agreement with Taiga Developments Inc Under

question 29

Essay

Shari entered into an agreement with Taiga Developments Inc under which she would act as an agent to find real estate for Taiga to buy in a suburb of Regina,Saskatechewan.Taiga had told her that it wanted to buy up all the land and buildings in a three block area to build a mall.No one but Taiga and Shari knew about Taiga's plans.Shari found a piece of property for sale across the street from the area Taiga was interested in for a great price.She knew that once the mall went in the property would be worth much more than it was today.Shari bought the property and then sold it after Taiga had built the mall for twice what she paid.Did Shari breach her fiduciary duty?

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Definitions:

Benefits

Advantages or favorable outcomes associated with a particular action, job, or situation, often related to employment or health.

Costs

The expenses associated with acquiring or producing goods, services, or undertaking any business activity.

Monetary Values

The financial worth assigned to goods, services, or assets, expressed in terms of currency.

Return On Investment

A measure of the profitability expressed as a percentage of the original investment.