Question

Jose visited a garage sale and found a baseball card collection which he believed was worth over $1,000. he bought the collection for $50.00 from wanda. later jose discovered the collection was essentially worthless and demands his money back from wanda. must wanda refund jose's money?

Answer 1

Wanda does not have to refund his money. Wanda never said the collection was worth 1000 dollars or wroth anything.  Jose assumed the value and paid the asking price. Wanda has no legal obligation to refund the money.