What was the result in Radford v.Wells Fargo Bank,the case from the text in which the plaintiff claimed that a mortgage loan was a defective product?
A) The court ruled that while a loan is a product,the plaintiff was barred from proceeding because he had not alleged that he was in mortgage foreclosure,a necessary predicate for a lawsuit alleging defect based on a mortgage loan.
B) The court ruled that while a loan is a product,the plaintiff was barred from proceeding because he had not alleged that he was in bankruptcy,a necessary predicate for a lawsuit alleging defect based on a mortgage loan.
C) The court allowed the case to proceed on the basis that a loan is a product.
D) The court ruled that a loan is not a product for purposes of product liability law,recognizing that product liability focuses on tangible items.
E) The court ruled that while a loan is a product,the plaintiff was barred from proceeding because he had not alleged usury,a necessary predicate for a lawsuit alleging defect based on a mortgage loan.
Correct Answer:
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