1. Realty Limited employed Louis as a salesman. Martine listed a building lot with Realty Limited for sale at $178,000. Louis found a buyer, Jeanne, but\ Jeanne could not raise the full purchase price. Louis and Jeanne agreed that Louis would purchase the lot personally and to sell it to Jeanne once Jeanne had finally raised the necessary $178,000. Louis then purchased the lot from Martine for $170,000 and six months later resold it to Jeanne for $178,000. Discuss.

2. Chantal held herself out as a principal while negotiating the purchase of a large stock of cosmetics and perfume from Radiance, a retailer that had run into financial difficulty. In fact, Chantal was making the purchase on behalf of her employer, Salon. Radiance was unaware that Chantal was employed by its competitor Salon; however, Chantal gave the Salon address as the delivery address. Upon delivery, Salon changed its mind about buying the goods and refused to pay and rejected the goods. Advise Radiance.