QUES'I10N 4 10 marks 15 minutes Mike was acting as a real estate agent for two dude ranch owners, who wished to sell their ranch. The property, in the lovely Fraser Valley, and was for sale at 10.5 million, well below a current appraisal. One day while still trying to nd a buyer for the property, Mike met his girlfriend for lunch, at Krooner's in Langley. After more than a few drinks, he told her about one of the owners, and this owner's worldwide experiences in horses, and more, and how the property has to be sold due to this owner being in debt for alimony and maintenance payments. Unknown to Mike, the waitress at Krooner's was the best friend of this owner's present girlfriend, who soon found out about the owner's (her boyfriend's) private past. As well, as they left in the car, Mike revealed his plans to continue on out to the Fraser Valley and view the property, as he had worked a deal for his brother-in-law to buy the property and hold it for him, in his name, for a couple of months, so that Mike could leave the real estate rm, then take ownership, and start his life as a cowboy. He further tells his girlfriend that he has convinced the owners that a luckier number for sale is $8,888,888, and that despite there being good value in the current price, they should be willing to review all offers, "just in case there is a downturn in the market\". Mike's boss, on hearing of the lunchtime conversation from the owner, (who now has no current girlfriend) is furious, but Mike says he has a buyer for the property and that is all that matters. Assess whether Mike has done anything wrong, fully explaining any relevant law