Gurpreet is a director of Peterson Ltd, a company that provides change management advice to large organisations. Peterson Ltd decided to sell off its publications division. Gurpreet researches a number of potential purchasers and recommends to the other board members that the publications division be sold to Clever Books Pty Ltd for $400,000. After the sale is approved and actioned the board discover that they sold too cheaply and Clever Books Pty Ltd paid Gurpreet a secret commission of $25,000. Advise the directors of Peterson Ltd whether their fellow director Gurpreet is in breach of her fiduciary duty. Use IRAC method to structure your advice: identify the issue, cite the relevant law, explain the application of the law to the issue, and draw a conclusion.