Law · Sale of Goods Act
Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: Under the doctrine of caveat emptor, a seller remains entirely protected from liability even if they use fraud or intentionally conceal material defects to obtain the buyer's consent. Reason R: The seller becomes strictly liable, and the doctrine of caveat emptor does not apply, if the seller deceives the buyer or conceals material defects in the goods that are later discovered upon inspection. In the light of the above statements, choose the most appropriate answer from the options given below:
- 1A is not correct but R is correct✓
- 2A is correct but R is not correct
- 3Both A and R are correct but R is NOT the correct explanation of A
- 4Both A and R are correct and R is the correct explanation of A
Correct answer
A is not correct but R is correct
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