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Fred was the agent of Mike who collected vintage cars. Fred discovered that Tom was selling 1957 Chevrolet convertible that had sat in his garage

Fred was the agent of Mike who collected vintage cars. Fred discovered that Tom was selling 1957 Chevrolet convertible that had sat in his garage for 30 years.Fred told Mike about the car and Mike authorized Fred to buy it for him.Fred entered into a contract to purchase the car from Tom.The contract recited that Fred was acting as agent for Mike.Later, Tom found out the car was worth much more than what he sold it for and refused to deliver the car to Mike.Fred brought a lawsuit against Tom for Breach of contract.Can Fred recover, why or why not. 

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