Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Betty found a Shiny Rare Pikachu card in a pack of cards she bought for $3.00.Unbeknownst to Betty, other similar cards have sold recently for

Betty found a Shiny Rare Pikachu card in a pack of cards she bought for $3.00.Unbeknownst to Betty, other similar cards have sold recently for over $10,000 at auctions online.Alphie knows the value of the card and that Betty has no idea how much it is worth.Alphie tells Betty he will buy the card for $200 saying, "it's the last card I need to fill my PokeDex!" Betty accepts and later the same day they exchange the card and payment.Shortly thereafter, Betty finds out the real value of the card and wants to rescind the contract.

If Betty sues Alphie for return of the card, which of the following arguments, if any, would be most likely to win for Betty:

Group of answer choices

Alphie misrepresented the value of the card when he offered $200

Payment of only $200 is legally insufficient consideration

Betty made a unilateral mistake and it would be inequitable not to excuse her

None of the above are likely to be winning arguments for Betty

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Land Law

Authors: Mark Davys

11th Edition

1352005190, 978-1352005196

More Books

Students also viewed these Law questions

Question

discuss what an intervention is in relation to work psychology;

Answered: 1 week ago

Question

one question about audit risk in the attach documents (question B)

Answered: 1 week ago

Question

5. How quickly can we manage to collect the information?

Answered: 1 week ago

Question

3. Tactical/strategic information.

Answered: 1 week ago

Question

3. To retrieve information from memory.

Answered: 1 week ago