Suzy Bartles enters into an oral contract to purchase a tract of land from Bill Hermes. The land is considered worthless, but the Bartles feels that she has discovered a possible usage that would drastically increase the value of the land. To assure herself of the potential value of the land, Bartles orally hires an attomey to investigate the title and records associated with the land in question. Before gaining any information from her attorney, Bartles orally contracts with the builder to construct a huge building on the site. Because of the size of the project, a completion time is difficult to predict. Bartles now discovers that the land is indeed useless, afact that she obtains through information from her attomey.

Bartles now refuses to honor her contract with Hermes, her attorney, and the builder. Must Bartles honor her new contractual agreements? Please support your answer with legal analysis.