Please assist Jack sells his boat as being voetstoets' in nature despite knowing that the engine is failing. Jack nevertheless sells theboat to Pieter. The engine fails 3 days later. Is Jack exempt from liability?OA Yes, the clause exempts Jack from liability as he stated prior to the conclusion of the sale that the transactionwas voetstoets in nature.OB. No, Jack acted in a fraudulent manner and may not rely on the clause to escape liability

Here jack already know that the engine was failing. This means he is doing fraud

Answered: Jack sells his boat as being…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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