Jack, a second-hand dealer of cars, provides his clients with the opportunity to examine them. Jenny test-drove a car and got it checked by her mechanic as well. However, the mechanic missed a broken valve and the car broke down after the purchase. Which of the following is likely to happen in this scenario?

A) Jack is exempt from prosecution as the principle of caveat emptor applies.
B) Jack is responsible for selling a faulty car and can be prosecuted for fraud.
C) Jenny can claim compensation through courts as per the principle of caveat emptor.
D)Jack can be prosecuted by the mechanic for misleading him during purchase.


A

Business

You might also like to view...

Cost of goods sold is reported on the income statement and is used to determine the gross profit for the period

Indicate whether the statement is true or false

Business

In a short essay, list and discuss at least five specific criteria that are essential for evaluating secondary data

What will be an ideal response?

Business

What is an advertisement that provides all the details of the job offered called?

a. Cheap advertisement b. Spot advertisement c. Blind advertisement d. Open advertisement e. Opportunity advertisement

Business

What would a recruiter be likely to think about the following job objective? "A challenging position that lets me apply my education and experience and allows for increased responsibilities over time."

A) The objective is too vague to be useful. B) The objective reveals a lot about the applicant. C) The objective is specific and personalized. D) The objective excludes the applicant from many positions.

Business