Question
Sierra Pacific Industries purchased various areas of tim- ber and six other pieces of real property, including a ten- acre parcel on which five duplexes
Sierra Pacific Industries purchased various areas of tim- ber and six other pieces of real property, including a ten- acre parcel on which five duplexes and two single-family units were located. Sierra Pacific requested the assistance of Joseph Carter, a licensed real estate broker, in selling the nontimberland properties. It commissioned him to sell the property for an asking price of $850,000, of which Sierra Pacific would receive $800,000 and Carter would receive $50,000 as a commission. Unable to find a prospective buyer, Carter finally sold the property to his daughter and son-in-law for $850,000 and retained the $50,000 commission without informing Sierra Pacific of his relationship to the buyers. After learning of these facts, Sierra Pacific brought an action for breach of fidu- ciary duty against Carter. To what relief, if any, is Sierra Pacific entitled?
What are the:
-THE FACTS OF THE CASE
-THE ISSUE AT THE LAW THE COURT IS CONSIDERING
-HOW THE LAW WAS APPLIED IN THIS CASE
-CONCLUSION OF THE COURT
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