Kribbs V. Jackson, 1957 Pennsylvania Supreme Court Case

The example of application in IT project is, if a project is being implemented under Company A that empower the Project Manager to manage the project and the supplies required for the project. For example there is requirement for software & hardware purchasing. Although the project manager is an authorized person to make decision on behalf of the company, he cannot demand for secret profit that is made through the vendors,
Example of the cases is Graham v. Cummings, a 1904 Pennsylvania Supreme Court case, the shareholders of a corporation had authorized the defendant shareholder to sell their stock. The defendant secretly negotiated to receive a higher amount for his stock than for that of his fellow shareholders. The Court concluded that
Jackson, 1957 Pennsylvania Supreme Court case, the defendant had acted as an agent of the plaintiff for the purpose of collecting rent on property that the plaintiff owned. The trial court found that the defendant had fraudulently concealed the full amount of rent collected and had thereby earned a profit in excess of his commission. The court ordered the defendant to account for the fraudulently-earned profit. The Supreme Court affirmed the trial court, reasoning that “all profits made and the advantage gained by the agent in the execution of the agency belong to the principal.”

In the case of Boston Deep Sea Fishing and Ice Co. v. Ansell (1888) 39 Ch D 339, Ansell was a director of BDSFI, employed on a fixed-term contract. He was also secretly a director of a boat-building company. He ordered many boats for BDSFI from his other company due to incentives he received on sales. Ansell was dismissed because he was found incompetent. He was being sued for wrongful dismissal. While preparing for their defence, Boston discovered Ansell’s secret dealing. At court, Ansell proved that he was competent however the court held that the dismissal was justified due to the secret