With regard to the rule of caveat emptor in colonial America,which of the following does not apply?
A) "Let the buyer beware."
B) This rule largely replaced the earlier rule of markets, market overt, by late colonial times.
C) It could be applied anywhere without the protective regulations of colonial officials.
D) It was meant to cover fraud, and aggrieved buyers could always sue sellers in civil courts for damages.

Question

Quizplus · Accepted Answer

The rule of caveat emptor did not cover fraud; it was a principle that placed the responsibility on buyers to inspect goods before purchase, and it did not guarantee recourse for fraud through civil courts.

With Regard to the Rule of Caveat Emptor in Colonial