With regard to the rule of caveat emptor in colonial America, which of the following does not apply?
(a) "Let the buyer beware."
(b) This rule largely replaced the earlier rule of markets, market overt, by late colonial times.
(c) It could be applied anywhere without the protective regulations of colonial officials.
(d) It was meant to cover fraud, and aggrieved buyers could always sue sellers in civil courts for damages.
(d)
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Assume a national brewing company loses market share to a lower-priced competitor. Assume also that the company's workers go on strike and are able to negotiate a hefty wage increase
As such, we can conclude, with certainty, that the combination of these two changes would cause the equilibrium price and quantity of the company's product to decrease. Indicate whether the statement is true or false
Large increases in the availability of labor would likely be a source of
A. import competing growth. B. generalized growth. C. specialized growth. D. concentrated growth.