UHLENHOPP, Justice.
This case involves the obligation of an agent to be loyal to his principal.
Wormhoudt Lumber Company of Ottumwa, Iowa, employed Jon Cloyd as its agent, paying him a salary plus a bonus computed on the company's profits. His duties included finding construction jobs and bringing property owners and contractors together, whereby the company would sell building materials. In a typical situation Cloyd would locate a property owner who desired...
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