Your boss has been renting an empty lot with parking spaces downtown for several years. The boss tells you that he may not renew the lease because he hardly uses the property. You know that there is a new restaurant getting ready to open next door and that parking is at a premium. Your boss doesn't renew the lease. You go down and get the lease. Are you OK? a. No, this is a breach of confidential information b. No, this is mainly a conflict of interest c. No, this is a breach of duty not to compete d. No, this is a misappropriation e. Yes, Boss walked away and did not renew Which duty has been violated in the following scenario? Your agent has been instructed to sell your goods for $400 per pound. Your agent has heard of a new business that is willing to pay $500 per pound but since you told the agent to sell at $400 they do so. You find out later that your agent knew of the $500 per pound price. a. duty to inform b. duty of diligence c. duty of obedience d. duty to account e. duty of good conduct