The Legal Environment of Business: Text and Cases
9th Edition
ISBN: 9781305764460
Author: Frank B Cross/ Roger LeRoy Miller
Publisher: CENGAGE C
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Chapter 26, Problem 3CT
Summary Introduction
Case summary: A person JS signed a contract to buy the house of a person HA. The person JS later discovered that the house is haunted. The person JS sued the person HA. The court dismissed the case.
To explain: The reason for applying the strict rule of caveat emptor by the court will be considered inappropriate.
Summary Introduction
Case summary: A person JS signed a contract to buy the house of a person HA. The person JS later discovered that the house is haunted. The person JS sued the person HA. The court dismissed the case.
To explain: Increase in the cost of the purchase by applying rule of caveat emptor.
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The Legal Environment of Business: Text and Cases
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