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Contracts, Merton Ferson
Contracts, Merton Ferson
Vanderbilt Law Review
The case of Thomas v. Million presented these facts: The defendant listed a house and lot for sale with the plaintiff, a real estate broker,for $16,500. The plaintiff advertised the property for sale and showed it to many prospects, including a man by the name of Cowell. After that, the defendant wrote a letter to the plaintiff, "terminating the agency contract" of the plaintiff. The defendant then sold the property to Cowell for $15,500. The plaintiff was allowed to recover $500 as a reasonable commission.