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Lim v. Queensland: Estoppel in Contracts by Denise Gordon is a document available to read on EtoBox.

Jefferson Lim invested $5,000 in Queensland Tokyo Commodities Inc. for foreign exchange trading based on representations by Benjamin Shia. Lim incurred losses and refused to sign documents. Queensland sued to enforce the agreement. The Court of Appeal ruled Lim was estopped from challenging the validity of the agreement since he benefited from it initially. The Supreme Court affirmed, finding the elements of estoppel were met as Lim willingly entered the agreement and knew its nature. Constantine de Castr

Author

Denise Gordon

Language

EN