The Burtons are selling their home which has long standing basement flooding problems which have damaged the foundation of the home. Before putting the home up for sale, they renovated the basement and the foundation crack is now behind a wall and cannot be seen. WWhich statement best describes the Burton's obligations toward potential buyers of the home? O A) They have no obligations to disclose anything to potential buyers. B) They have a positive duty to disclose the hidden defect. C) They have an ethical duty but not a legal duty to disclose the defect. D) They do not have to disclose the crack unless they are asked about the condition of the foundation.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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4) Listen
The Burtons are selling their home which has long standing basement flooding
problems which have damaged the foundation of the home. Before putting the home
up for sale, they renovated the basement and the foundation crack is now behind a
wall and cannot be seen. Which statement best describes the Burton's obligations
toward potential buyers of the home?
O A) They have no obligations to disclose anything to potential buyers.
B) They have a positive duty to disclose the hidden defect.
C) They have an ethical duty but not a legal duty to disclose the defect.
O DI They do not have to disclose the crack unless they are asked about the
condition of the foundation.
Page 10 of 10
Next Page
Transcribed Image Text:4) Listen The Burtons are selling their home which has long standing basement flooding problems which have damaged the foundation of the home. Before putting the home up for sale, they renovated the basement and the foundation crack is now behind a wall and cannot be seen. Which statement best describes the Burton's obligations toward potential buyers of the home? O A) They have no obligations to disclose anything to potential buyers. B) They have a positive duty to disclose the hidden defect. C) They have an ethical duty but not a legal duty to disclose the defect. O DI They do not have to disclose the crack unless they are asked about the condition of the foundation. Page 10 of 10 Next Page
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