Because He Was New to the City, Pierce Was Looking

question 4

Multiple Choice

Because he was new to the city, Pierce was looking for a house to buy.After seeing an "Open House" sign on the lawn of a lovely bungalow, he stopped and took a tour through the property.Just as Pierce got to the backyard, Quincy (the owner) pointed at the in-ground pool and said, "We are, of course, taking that with us." Pierce laughed.He laughed alone, but he simply assumed that Quincy has a very dry sense of humour.Impressed with what he saw, Pierce bought the house.When the sale closed and Pierce took possession, however, he was horrified to discover that the backyard consisted of a huge excavation site.The pool was gone.It seems that Quincy wasn't joking after all.Which of the following statements is most likely to be TRUE?

• A)Pierce was entitled to the pool because it was a fixture.
• B)Quincy was entitled to the pool as long as he removed it before he sold the house.
• C)Quincy was entitled to the pool as long as he reduced the price of the house accordingly.
• D)Pierce has no right to damages because of the rule of caveat emptor.
• E)Quincy was entitled to the pool unless Pierce can prove that he intended to abandon it.

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Definitions:

Environmentally Responsible

Commitment to conducting oneself or one's business in a way that is mindful of the environmental impact and promotes sustainability.

Ethical

Pertaining to moral principles or the branch of knowledge dealing with these, often guiding behavior in both personal and professional contexts.

Value Proposition

A statement of the fundamental benefits of the products or services being offered in the marketplace.

Fundamental Benefits

Core advantages or essential positives that stem from a particular action, policy, or product.