23 Sept 2016
RICACORP PROPERTIES LTD v. PROFIT CITY HOLDINGS LTD AND ANOTHER
- Citation
- RICACORP PROPERTIES LTD v. PROFIT CITY HOLDINGS LTD AND ANOTHER
- Court
- District Court
- Case number
- DCCJ815/2013
Court found D2 did not have proven actual or apparent authority prior to ratification, but D1 ratified the PSPAs/AAs by accepting deposits and completing the sale; ratification made the agreements binding including the commission obligation; D2 was personally liable under clause 18 as signatory; defendants' counterclaim for price difference failed for lack of proof and no breach by plaintiff. Accordingly plaintiff entitled to $172,000 plus interest and costs.