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Quote:
Originally Posted by thehowlfactor
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'Consumer Protection told the Court that, in November 2010, the company had sold a vehicle on behalf of its owner at auction without a written consignment agreement being signed. Proceeds from the sale were deposited into the company’s general business account instead of a trust account. Both actions were in breach of the Motor Vehicle Dealers Act.'
Quote:
Originally Posted by thehowlfactor
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'A few months later, Grant contacted the owner to say he had a buyer interested in purchasing the caravan for $40,000 and that $38,000 would be paid to the owner and $2000 would be retained by the company. This was agreed to, but the amount on the consignment contract was not varied.
In January, 2012, the caravan was sold to a buyer at the original price of $50,000 by way of a trade-in vehicle and finance, but Grant notified the owner that the caravan had been sold for $40,000.'
Of course it does, you break the law you take the consequences, doesn't matter the game......