Jill Contracts to Purchase Kevin's Automobile Under the Belief That

question 60

Multiple Choice

Jill contracts to purchase Kevin's automobile under the belief that she can sell it at a profit to Linda, but after Jill has bought the car, she finds out that Linda isn't interested in buying it. Jill:

• A) cannot void the contract.
• B) can rescind the agreement.
• C) could rescind the agreement if she was mistaken in her estimate of the value of the auto.
• D) can sue Linda for detrimental reliance.

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Definitions:

Normal Distribution

A bell-shaped frequency distribution curve that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.

Bell-Shaped Curve

A graph describing the normal distribution, showing most instances occurring near the mean and fewer instances as one moves farther from the mean.

Intelligence

The ability to learn, understand, and apply knowledge, solve problems, and adapt to new situations.

Mental Age

A concept used to describe the intellectual capability of a person (often a child) compared to the average intellectual performance in their actual chronological age group.