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Whilst you have been away on annual leave, the Principal of your agency has exchanged contracts to personally purchase one of your listings. You do

Whilst you have been away on annual leave, the Principal of your agency has exchanged contracts to personally purchase one of your listings. You do not believe that your vendor is aware of the fact that it is your employer, as it has been purchased in a company name and there is no declaration on the file or on the copy of the contract in the file. The cooling off period will expire at
5
pm today. List some
(2)
penalties that could apply to the agency if you were to ignore what has happened and let the sale proceed.

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