33.Byron bought out the entire inventory of 1,000 Sony LCD Television sets from the local K-Mart store that was being closed, for $150 each. Byron hires Lorenzo as his agent, and give him authority to negotiate and sign a sales contract with Costco Corporation for the sale of these Sony TV sets for the highest amount possible, hopefully for about $300 per set.Lorenzo is to get 5% commission on the sale.The Costco buyer makes this offer to Lorenzo:We will pay you (Lorenzo) a $10,000 under-the-table bonus if you let us buy the entire inventory of Sony TVs for $250 each.What obligation does Lorenzo have to Byron?

a. Lorenzo has an obligation to share the information on the entire offer (including the $10,000 bonus) to his principal Byron.

b. Lorenzo has an obligation just to share the information on Costco's offer to buy the TVs for $250, and does not have to reveal the bonus that was offered to him.

c. Lorenzo does not have any obligations to Byron - he can just sign an acceptance of Costco's offer of $250 per unit on behalf of Byron, and take the bonus without telling Byron.