Please, may you solve this case.

Land Corp is a real estate developer. Land Corp employees Kim, a licensed real estate broke, to identify and obtain land which was suitable for a townhouse development. Kim was paid a weekly salary of $1000. Kim told Corp that a parcel of land know as Blueacre was available for purchase. Land Corp instructed Kim to purchase the land as a "straw man". This meant that although Kim was buying the land in him (Kim's) own name it was not intended that he (Kim) would be the true owner. Rather, Kim would be required to later transfer the land to Land Corp.

Kim told Land Corp that the land would cost %50.000. Land Corp gave this money to Kim. However, unknown to Land Corp, Kim had an interest in Blueacre. This interests came about as follows: Before Kim had been employed by Land Corp, he had been offered the option to buy Blueacre for the price of $25,000. When Land Corp gave the $50,000 to Kim, Kim told the person selling Blueacre that he was ready to use the option that he had been given. Kim used $25,000 out of the $50,000 to complete the perchance of Blueacre and kept the remaining $25,000. As agreed with Land Corp, Kim later transferred Blueacre to Land Corp.

You are required identify and discuss (resolve) the legal issue(s) (if any) which arise on these facts.