Question
Please analyze the following problem. Be sure to state your reasoning. Owner places his house on the market. The house has a basement with a
"Please analyze the following problem. Be sure to state your reasoning. Owner places his house on the market. The house has a basement with a crack in the foundation and it floods whenever there is a storm. Owner places an inexpensive carpet on the floor of the basement to conceal the crack. Buyer purchases the house and is dismayed when the basement floods after a storm. Buyer obtains an estimate from Contractor stating that it will cost $10,000 to repair the foundation. Can Buyer recover the cost of repair from Owner? Can you think of any other remedy to which Buyer might be entitled?"
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