
Law for Business 12th Edition by James Barnes,Terry Dworkin,Eric Richards
Edition 12ISBN: 978-0078023811
Law for Business 12th Edition by James Barnes,Terry Dworkin,Eric Richards
Edition 12ISBN: 978-0078023811 Exercise 5
Stambovsky, to his horror, discovered that the house he had recently contracted to buy was commonly reputed to be possessed by poltergeists. Ackley, the seller of the house, had widely publicized their presence, including stories in both Reader's Digest and the local press, and on a walking tour of the Village of Nyack, New York, where the house was located. Stambovsky sought to rescind the contract of sale. Did the seller have a duty to disclose to the buyer the fact that the house was haunted?
Explanation
For a contract to be enforceable it is n...
Law for Business 12th Edition by James Barnes,Terry Dworkin,Eric Richards
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