Martin sold his used car to Nixon for $2,000. Later Martin discovered that the car was worth $3,000. Martin then claimed that Nixon owed him an additional $1,000. If Martin attempted to take legal action to collect the additional $1,000, he would be entitled to

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In a legal context, the sale of the car for $2,000, once agreed upon by both parties, constitutes a binding contract. Martin's later discovery that the car was worth more does not entitle him to additional compensation under the agreed terms of the sale.

Martin Sold His Used Car to Nixon for $2,000