Alice offers to sell her car to Barry for $500,and Barry accepts.Alice's car has a market value of $1,000 but this fact is unknown to Alice.The contract is enforceable.

Question

Quizplus · Accepted Answer

The contract is enforceable because both parties have willingly entered into an agreement and there was no misrepresentation or fraud involved. The fact that Alice did not know the market value of her car does not invalidate the contract.

Alice Offers to Sell Her Car to Barry for $500,and