Randy Nguyen is a salesperson in a mens clothing store. Randy has heard rumours that the store is going out of business. Randys employer, Virginia Snider, was out of the store when a customer who had also heard the store was closing came in and offered to purchase the entire stock, the display cases, and the fixtures. Randy accepted the offer on behalf of Virginia.

Required: a) Discuss the legal positions of Virginia, Randy, and the customer.

b) Provide three examples of how an agent can breach their fiduciary duty to the principal.