Contracts
The doctrine of 'caveat emptor' (let the buyer beware) has been largely replaced in California by:
AThe doctrine of mutual benefit
BMandatory seller and agent disclosure requirements✓ Correct
CStricter zoning laws
DMandatory home warranties
Explanation
California has moved away from pure caveat emptor through statutes requiring sellers and agents to disclose known material defects (Transfer Disclosure Statement, Seller Property Questionnaire, and agent's visual inspection duties). Buyers are still expected to do their due diligence, but sellers cannot hide known defects.
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