Question: 1. Fyfe was an agent for Argus Corporation, a business that sold computers. Fyfe learned of a laundry that was for sale at a bargain price and bought it without disclosing this fact to the officers of Argus. Was this a breach of loyalty on Fyfe's part?
2. Berg authorized Stillman to sell his guitar for $450. Stillman sold the guitar for $500 and kept the additional $50 for himself, claiming he was entitled to it as a commission. May Berg recover the $50?