Business Lemon Law Questions

User Generated

Ovatb77

Business Finance

Question Description

I’m studying and need help with a Business Law question to help me learn.

1. Should products be legally allowed to be sold "as is" without the seller disclosing known defects or problems?  Is it more efficient to put the burden on the seller to disclose known problems or to put the burden on the buyer to detect them?

2. Why do we allow some sales to be "as is" sales, but require others to meet minimum standards?  For example, we protect purchasers of automobiles with "lemon laws".

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Explanation & Answer

Hey buddy, Please check the attachment and let me know if you need any edits done.

Running Head: Discussion

1

Business Law

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Discussion
I think that products should not be sold “as is” without the seller disclosing any known

defects to the buyer. According to the law, the seller mu...

ghgbepbpxre (26330)
UT Austin

Anonymous
I was having a hard time with this subject, and this was a great help.

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