Wood v. Boynton

Wood (plaintiff) asked jeweler Boynton (defendant) about a stone she thought might be topaz; Boynton, having never seen an uncut diamond before, offered a dollar for it, and Wood eventually agreed to sell. The stone later turned out to be an uncut diamond worth about $700. Wood tendered back the dollar plus interest and demanded the stone's return; Boynton refused, and the trial court directed a verdict in his favor.

Whether a party may rescind a contract for the sale of a good when she cannot establish either fraud or mistake.