Question
Denise is hired as an agent to buy a certain tract of land from Nathan for $2,000 per acre by Cropped Land, LLC. Cropped Land
Denise is hired as an agent to buy a certain tract of land from Nathan for $2,000 per acre by Cropped Land, LLC. Cropped Land does not want Nathan to know that it is the principal or that Denise is its agent. Cropped Land wants the land to test genetically modified and irradiated seeds and believes that Nathan may not want to sell the land for that purpose, or may demand a premium price if he knows that Cropped Land is the buyer. Denise agrees the purchase, signing only her name to the contract as the buyer and not disclosing to Nathan the agency relationship. The transfer of the deed is to occur on January 1 2023. Nathan learns on December 15 2022 that Cropped Land is Denise's principal.
Can Nathan legally refuse to deed the property on January 1? Explain.
What remedy/ies if any would be available to Cropped Land/Denise? (15 marks)
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