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What Was the Doctrine of Caveat Emptor in Sales or Lease

Question 74

Multiple Choice

What was the doctrine of caveat emptor in sales or lease contracts?


A) It was a law that balanced risk of loss between seller and buyer.
B) It was a law that stated the risk of loss was completely on the buyer.
C) It was a law that stated the risk of loss was completely on the seller.
D) It was a law that required no risk of loss between seller and buyer.

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