Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Johnny, an amateur sports memorabilia collector, read the following Craigslist ad placed by your store: Regents Sports Collectiblesthe place to come for autographs by world-renown

Johnny, an amateur sports memorabilia collector, read the following Craigslist ad placed by your store: "Regents Sports Collectiblesthe place to come for autographs by world-renown athletes!" Johnny came into your store and spotted a baseball signed "SuzukiLast Home Run" and asked, "is that the famous Suzuki baseball player from Japan? How much for that ball?" You respond by saying, "considering how good of an athlete Suzuki was, I couldn't take less than $1,000." Believing that the ball was signed by Ichiro Suzuki and was worth at least $3,000, Johnny immediately paid the $1,000 and asked that the ball be delivered to his home to ensure its condition. Three days later, you deliver the ball to his home. A few days later, Johnny contacted an autograph expert to take a look at the ball. The expert analyzed the ball and determined that the autograph was, in fact, that of Yu Suzuki of the Hanshin Tigers, a Japanese league team. The real value of the ball was closer to $700. Johnny's not too happy and knocking at your door wanting his money back and claiming fraud. What are the arguments you should make as to why Johnny is not entitled to receive his money back?

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

Trusts Law

Authors: Charlie Webb, Tim Akkouh

5th Edition

113760672X, 978-1137606723

More Books

Students also viewed these Law questions