Janus Entered into an Agreement with Ashley Under Which He

question 63

Essay

Janus entered into an agreement with Ashley under which he made Ashley his agent for the purpose of selling his car. He agreed to pay Ashley a commission of 5% of whatever price she could get for the car. A week later, he cancelled the agency arrangement. At the end of the following week, Ashley showed up at his house with Simon. In front of Simon, she told Janus that Simon was interested in buying the car and asked for the keys so she could show it to him. Janus gave her the keys. An hour late she came back with Simon and told Janus that she had agreed to sell the car to Simon for $10 000. How would you describe Simon's legal rights?

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Definitions:

Magnitude

Magnitude is a measure of the size or amount of a quantitative attribute or phenomenon.

Sign Test Statistic

A sign test statistic is used in non-parametric statistics to determine if two dependent samples come from the same distribution, focusing on the direction of changes rather than their sizes.

Distribution

Refers to the way in which something is shared out among a group or spread over an area.

Sign Test Statistic

A non-parametric statistical test used to evaluate the consistency of results with a hypothesized median by considering only the signs of the differences, not their magnitude.