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.

Question

Quizplus · Accepted Answer

Jill cannot void the contract simply because her expectation of selling the car at a profit did not materialize. The contract with Kevin is valid and enforceable, and her mistaken belief about Linda's interest does not affect the validity of the contract.

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