Which of the following is true about contracts that pertain to sales of real estate?
A) The seller gets the benefit of caveat emptor whenever a lack of information dispute arises.
B) The Truth in Lending Act puts the burden on the buyer to discover defects and holds that fraud by silence should be looked out for by the buyers.
C) Many courts today recognize that caveat emptor produces unfair results.
D) Courts nowadays are increasingly protecting developers, sellers, and their agents.

Question

Quizplus · Accepted Answer

Some courts consider the duty to disclose to be especially important in the consumer real estate sales area. The original common law stance on fraud by silence was caveat emptor (let the buyer beware). Today, however, many courts recognize that caveat emptor often produced unfair results.

Which of the Following Is True About Contracts That Pertain