Post Utme Babcock University 2022 Commerce Question 6

Practice objective / multiple choice question 6 from the 2022 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2022 Commerce Objective / Multiple Choice
Question 6 POST_UTME_BABCOCK_UNIVERSITY • 2022 • COMMERCE • objective

The concept of 'caveat emptor' in consumer protection law implies that the buyer must be aware of the product's characteristics and defects before making a purchase. Which of the following is a correct interpretation of this principle?

Answer Options

A. The seller has no liability for defects in the product.
B. The buyer must inspect the product before purchasing.
Correct Answer C. The buyer assumes all risk for the product's quality.
D. The seller must disclose all product information to the buyer.
Correct Answer
C
Correct Option:
The buyer assumes all risk for the product's quality.

About This Question

This is Post Utme Babcock University 2022 Commerce Question 6. It is one of the objective questions from the 2022 Post Utme Babcock University Commerce examination.

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