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Q3 (a) What are the duties of Agent?
(b) Peter would like to sell his property in New Territories. He visits the office of Good Property
Agent Limited and meets Wendy who is a real estate agent. Wendy informs Peter that the property
is worth HK$8 million. Peter asks Wendy to put it up for sale at that price. However, the property in
his area suddenly rises because of good news of building the MTR line in future. At the same time,
Wendy buys the property in her sons name and arranges payment of HK$8 million to Peter.
Advise Peter and Wendy.
Please use simple english to answer the question
please use bullet points
please use cite 3 precedent while answering (old cases) to support your answer

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  • 1. Q3 (a) What are the duties of Agent? (b) Peter would like to sell his property in New Territories. He visits the office of Good Property Agent Limited and meets Wendy who is a real estate agent. Wendy informs Peter that the property is worth HK$8 million. Peter asks Wendy to put it up for sale at that price. However, the property in his area suddenly rises because of good news of building the MTR line in future. At the same time, Wendy buys the property in her sons name and arranges payment of HK$8 million to Peter. Advise Peter and Wendy. Please use simple english to answer the question please use bullet points please use cite 3 precedent while answering (old cases) to support your answer