
Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
Edition 9ISBN: 978-1133586562
Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
Edition 9ISBN: 978-1133586562 Exercise 5
Flynn, who received a ring from his uncle's estate through a properly executed will, sold it to a jeweler for $400. At the time of purchase, the jeweler in good faith indicated to Flynn that he (jeweler) was unaware of the value of the ring. Several weeks later, Flynn discovered that the ring was worth at least $3,000 and now asks to recover possession from the jeweler. Should Flynn be entitled to recover the ring?
Explanation
Unilateral Mistake:
This type of mistak...
Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
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