Suppose that a seller has not bothered to investigate whether her house has termites; so, she does

Question:

Suppose that a seller has not bothered to investigate whether her house has termites; so, she does not know. When asked by a buyer if it does, she says, “I guess not.” On efficiency grounds, should this statement be enough to void the contract?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Law and economics

ISBN: 978-0132540650

6th Edition

Authors: Robert cooter, Thomas ulen

Question Posted: