Which of the Following Was the Result on Appeal in Strawn

question 7

Multiple Choice

Which of the following was the result on appeal in Strawn v.Canuso,the case in the text involving whether the defending developers of new homes and the real estate brokers marketing those homes had a duty to disclose to buyers that the homes were constructed near an abandoned hazardous waste dump?

• A) That the defendants should have disclosed the existence of the landfill but that they could not be held liable for money damages based on the caveat emptor rule.
• B) That the defendants and the plaintiffs shared responsibility resulting in the defendants being responsible for 50% of the damages suffered by the plaintiffs.
• C) That the defendants did not violate any duty because the burden was on the buyers to determine the prior use of the land.
• D) That the defendants violated their duty to disclose the existence of the landfill and were liable to the plaintiffs.

Analyze real-world data through the lens of seasonal patterns and indices.

Develop skills in time series data interpretation and application to business or economic scenarios.

Understand the importance of using historical data for predictive analytics in various fields.

Comprehend the methodology of calculating average values from given data sets.

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Definitions:

Freddie Mac

A public government-sponsored enterprise (GSE) that operates in the secondary mortgage market to increase the availability and affordability of home loans.

Fannie Mae

A government-sponsored enterprise established to expand the secondary mortgage market by making mortgages more accessible and affordable.

Federal Reserve's Monetary

Actions by the Federal Reserve to control the money supply and interest rates in an effort to regulate the economy.

Real Output

The quantity of goods and services produced, adjusted for inflation, reflecting the true productivity of an economy.