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Your boss has been renting an empty lot with parking spaces downtown for several years. The boss tells you that he intends on buying the
Your boss has been renting an empty lot with parking spaces downtown for several years. The boss tells you that he intends on buying the property. Your boss gets you to research the FMV and you hire an appraiser who renders a value of $100,000. The boss tells you that he is happy with that price. You know the owner of the lot and convince her to sell it to your LLC for $80,000, and your LLC then sells it to the boss for $100,000, which he agreed was FMV. Any problems? O a. Yes, this is a breach of confidential information O b. Yes, this is a breach of duty not to compete O c. Yes, this is a misappropriation O d. Nope, the boss was happy with the price Oe. Yes, this is a conflict of interest
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