"Joe Received a Cheque from Sam for Work He Had

question 152

Essay

"Joe received a cheque from Sam for work he had done painting Sam's house,and Joe passed that cheque to Harry.Harry took it,not knowing that the work done was defective.Because of the principle that an assignee of contractual rights is in no better position than an assignor,Harry would not be able to demand payment on that cheque from Sam." Discuss the accuracy of this statement.

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Definitions:

Null Hypothesis

A statistical hypothesis that assumes no significant difference or effect exists between certain characteristics of a population or data set.

Level Of Significance

The probability criterion used for rejecting the null hypothesis, a critical boundary for determining statistical significance in testing.

Level Of Significance

A threshold in hypothesis testing that determines whether the null hypothesis can be rejected.

Null Hypothesis

A statement used in statistical testing which proposes that no statistical significance exists in a set of given observations.