Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

43. Knowing that the car had a hidden crack in the engine, X sold it to Y without informing the latter about it. In any

image text in transcribed
image text in transcribed
43. Knowing that the car had a hidden crack in the engine, X sold it to Y without informing the latter about it. In any event, the deed of sale expressly stipulated that X was not liable for hidden defects. Does Y have the right to demand from X a reimbursement of what he spent to repair the engine plus damages? (A) Yes. X is liable whether or not he was aware of the hidden defect. (B) Yes, since the defect was not hidden; X knew of it but he acted in bad faith in not disclosing the fact to Y (C) No, because Y is in estoppel, having changed engine without prior demand. (D) No, because Y waived the warranty against hidden defects

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Horngrens Cost Accounting A Managerial Emphasis

Authors: Srikant M. Datar, Madhav V. Rajan, Louis Beaubien

8th Canadian Edition

134453735, 9780134824680, 134824687, 9780134733081 , 978-0134453736

More Books

Students also viewed these Accounting questions

Question

8. How can an interpreter influence the message?

Answered: 1 week ago

Question

Subjective norms, i.e. the norms of the target group

Answered: 1 week ago