What Was the Doctrine of Caveat Emptor in Sales or Lease

question 74

Multiple Choice

What was the doctrine of caveat emptor in sales or lease contracts?

• A) It was a law that balanced risk of loss between seller and buyer.
• B) It was a law that stated the risk of loss was completely on the buyer.
• C) It was a law that stated the risk of loss was completely on the seller.
• D) It was a law that required no risk of loss between seller and buyer.

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