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Mary sold her wedding ring, originally valued at $ 4 , 0 0 0 , for $ 1 , 2 0 0 because she was
Mary sold her wedding ring, originally valued at $ for $ because she was in desperate need of cash. The contract between Mary and the buyer of the ring:Group of answer choicesis void. The buyer did not pay fair value for the ring.is valid. The amount paid does not affect the validity of this contract.is voidable. Since Mary did not get fair value for the ring, she can avoid the contract if she chooses.is unenforceable. Contracts for the sale of jewelry must be notarized to be enforceable.
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