New world for the financial gain he obtained in transaction

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Reference no: EM131741431

New World Fashions provides guidance to persons inter- ested in entering the retail clothing business. Andersorn was hired as a sales representative of New World. After several months of working for New World, Anderson decided to start a competing business. However, prior to resigning, Anderson encouraged one of New World's prospective clients to contract with Anderson person- ally. He then provided to this client services typically furnished by New World. Upon discovery of these facts, New World fired Anderson and sued him to recover lost profits. Must Anderson account to New World for the financial gain he obtained in this transaction? Explain.

Reference no: EM131741431

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