RaeAnn and Rick Telford purchased an existing home in a neighborhood of multi-million-dollar homes. After moving in, the Telford
s learned that the home had been owned formerly by a couple that was indicted for drug trafficking. The home had been raided by DEA agents, and there had been a shoot-out before the couple was taken into custody. The couple’s youngest child was killed in the house during the shoot-out. RaeAnn and Rick: a.have no recourse if there is nothing physically wrong with the house.
b.have a remedy of damages or rescission if this information was withheld from them.
c.have no remedy becasue neither sellers nor brokers are required to disclose psychological issues with properties
b. have a remedy of damages or rescission if this information was withheld from them
Explanation:
In business law, one of the main grounds of rescission are: misrepresentation (whether fraudulent, negligent or innocent), non-disclosure in relation to contracts of insurance, and
undue influence, duress and unconscionability.
In this case, RaeAnn and Rick have a remedy of damages or rescission if this information was withheld from them
Law is an instrument which regulates human conduct/behavior. Law means Justice, Morality, Reason, Order, and Righteous from the view point of the society. ... Law means Rules of court, Decrees, Judgment, Orders of courts, and Injunctions from the point of view of Judges.
