A Real Estate Agent,without Disclosing the Fact to His Client,purchases

question 150

Essay

A real estate agent,without disclosing the fact to his client,purchases the house the client is selling for himself.Discuss the legal position of the parties.

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Definitions:

Asset Account

A classification within financial accounting that reports the value of a company's long-term resources, such as property, equipment, and intellectual property.

Computer

An electronic device that executes specific tasks or calculations according to a set of instructions or software.

Utilized

Employed or made use of effectively.

Business

An organization in which basic resources (inputs), such as materials and labor, are assembled and processed to provide goods or services (outputs) to customers.