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

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

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter8: Game Theory

Section: Chapter Questions

Problem 8.8P

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