Johnson Realty, Inc. v. Hand

Carley, Judge.

At the times relevant to these appeals, Rudolph Johnson was the sole shareholder of Johnson Realty, Inc., and his son, Michael Johnson, was employed by the company as a real estate agent. Michael Johnson inquired of Byron Hand whether he wished to sell certain property. Hand responded that he would be willing to sell his property for a specified net price. Shortly thereafter, Michael Johnson returned with a sales contract which he presented for Hand’s acceptance. The sale price was sufficient to net to Hand the amount that he had specified. Michael Johnson did not disclose,…