What Made Caveat Emptor a Poor Idea on Which to Base

question 7

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:

Political Lobbying Group

An organization that attempts to influence public policy and government decisions to favor specific interests or causes.

Commerce Clause

A provision in the United States Constitution that grants Congress the power to regulate trade between states and with foreign countries.

Privileges and Immunities Clause

Provisions in the U.S. Constitution and state constitutions protecting citizens from discriminatory treatment by other states.

Full Faith and Credit Clause

A clause in the United States Constitution requiring each state to recognize the public acts, records, and judicial proceedings of all other states.