A seller tells the listing broker that the roof leaks. The broker does not inform the buyer of that fact. Once the buyer discovers the defect, the buyer sues both the seller and the broker. The seller also files suit against the broker. The likely outcome of these lawsuits is:
A: On the basis of the principle of caveat emptor, the buyer was not entitled to recover from either the broker or the seller;
B: The buyer recovered from the broker, but the seller would not be considered liable;
C: The buyer recovered from the seller, but the broker would not be liable;
D: The buyer would be successful in the suit against both the seller and the broker; the seller being successful in the suit against the broker.
Answer: D: The buyer would be successful in the suit against both the seller and the broker; the seller being successful in the suit against the broker.
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a) Differences b) Association c) Predictive d) Inference
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A) solutions selling to enhance customer revenues B) solutions selling to reduce customer costs C) solutions selling to decrease customer risks D) solutions selling to simplify customer purchasing E) solutions to provide better partnership