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Pamela Is Planning to Sell Her Home Decorating Store to Her

Question 7

Multiple Choice

Pamela is planning to sell her home decorating store to her daughter.Pamela has


A) a greater duty to reveal problems in the business because her daughter assumes she will be honest.
B) no duty to disclose hidden defects in the business.
C) a lesser duty to reveal problems in the business because she has a relationship of trust with the buyer.
D) a duty to report only any latent defects she knows about that her daughter should not be expected to discover herself.

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