What Made 'Caveat Emptor' a Poor Idea on Which to Base

question 14

Multiple Choice

What made 'caveat emptor' a poor idea on which to base the law regulating consumer transactions in the 20th Century was the fact that true equality of bargaining power between buyers and businesses had become:

• A)Commonplace.
• B)Rare.
• C)Unnecessary.
• D)Impossible to achieve unless both parties spoke Latin.

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Definitions:

Self-Actualization

The accomplishment of realizing one's skills and possibilities, regarded as a fundamental urge or demand in every human.

Aesthetic

Pertaining to beauty or the appreciation of beauty.

Cognitive

Pertaining to mental processes such as perception, memory, thought, and problem-solving.

Neuroticism

A personality trait characterized by emotional instability, anxiety, moodiness, worry, and sadness.