With regard to the rule of caveat emptor in colonial America, which of the following does not apply?
(a) “Let the buyer beware.”
(b) This rule largely replaced the earlier rule of markets, market overt, by late colonial times.
(c) It could be applied anywhere without the protective regulations of colonial officials.
(d) It was meant to cover fraud, and aggrieved buyers could always sue sellers in civil courts for damages.
ANSWER
(d)
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