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John and Sandy were looking for a someone to rent out their abandoned shop lot. They hired Louis Litt to be their agent. They specifically

John and Sandy were looking for a someone to rent out their abandoned shop lot. They hired Louis Litt to be their agent. They specifically requested him to rent it out to teachers in the academic line, for RM2,000 a month. Louis however, disobeys and rents it out to Darren, who runs an illegal business. Louis informs Darren the rent is RM3,000 and secretly pockets RM1,000 monthly. The contract has been enforced for three months, but without the consent of John and Sandy. Illustrate the THREE(3) duties Louis Litt will have as an agent towards John and Sandy, as principals. Explain the consequences of Louis Litt's actions

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