4. Rebecca and her husband planned to invest between $250,000 to $300,000 in an income property. Rebecca told her husband's brother, Graham who was a real estate agent, about their plans. Graham found them a property that was listed for $299,000. Graham presented an offer signed by Rebecca using her maiden name. The sellers accepted a lower offer of $285,000. Before closing the sellers found out that purchasers were related to the agent and refused to close? Is there anything wrong with what Graham had done? Why or why not? 3

5. Brahm, David and Earl decided to start a band. Brahm on drums, David on lead guitar and Earl on keyboards. The plan was to work at weddings and celebrations every weekend and split the money 3 ways. Earl arranged for the first set of gigs. He told Brahm and David that the gig would pay $2,000. In fact the gig would pay $5000 Earl was planning on keeping the $3000 for himself. a) Is there any issues with this? b) The band decided they needed a newer van to cart their equipment around as they were getting busier close to the Christmas/holiday season. Their mutual friend Francesca said that she would invest $15,000 but she did not play an instrument nor could she sing. Francesca wants to be what to this band c) Brahm, David and Earl were travelling back from a gig in Brockville. David was driving. It was the first snowfall and the van did not have winter tires. David skidded and hit a car. Those in the car were injured and wanted to sue the band. What is the amount of liability Brahm, David, Earl and Francesca have?