In addition to being a fine golfer and an all-around great guy from Kentucky, Justin Thomas is an employee at the Acme Real Estate Company (Acme). Acme is in the business of acquiring commercial real estate for the purpose of reselling it for a profit, and Justin is a real estate broker for the company. Justin learns of a real estate property for sale for $1.25 Million. However, instead of bringing the deal to Acme and letting Acme resell it, Justin decides to buy it himself, and then resell it on his own. He successfully sells the property for $1.5 Million and keeps the $250,000 profit for himself. Without question, Justin has violated his duty of loyalty to Acme. The term generally used to describe what he has done is: _____________________________ .