Mohajer v. Mohagheghi
Plaintiff failed to prove on the balance of probabilities that the parties reached consensus ad idem on the essential terms of a joint venture or share ownership entitling him to 50% of the shares; contemporaneous corporate records and transactions establishing share issuance or transfer and payment by the plaintiff are absent, draft agreements were incomplete or unsigned and bank forms were inconsistent and unreliable, therefore the onus was not met and the action is dismissed.
Source excerpt
- Share ownership
- Joint venture
- Meeting of the minds
- Certainty of terms
- Credibility assessment