Will nancy be entitled to rescind her contract with kathy

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Assignment:

Nancy, a real estate agent, decided to purchase a home for $300,000 after hiring architects, decorators, and electricians to examine it. However, Nancy did not get the property appraised. After executing the sale contract with the homeowner, Kathy, Nancy discovered that the home was actually worth only $150,000. Will Nancy be entitled to rescind her contract with Kathy? Explain.

Reference no: EM133312780

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