A retailer opened a baseball card store. The shop was very busy on opening day, so the

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A retailer opened a baseball card store. The shop was very busy on opening day, so the retailer got a clerk from the store next door to help out. A boy came in and asked to see an Ernie Banks rookie card. It was in a plastic case with an adhesive dot that said, “1200.” The boy asked the clerk, who knew nothing about baseball cards, if it was really worth $12.00. He responded, “I guess so.” The boy bought it for $12.00. The true price intended by the retailer was $1,200. Can the retailer rescind the contract? Why?

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Law for Business

ISBN: 978-1259722325

13th edition

Authors: A. James Barnes, Terry M. Dworkin, Eric L. Richards

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