Contracts
In a Massachusetts real estate transaction, an 'as-is' clause in the Purchase and Sale Agreement:
AEliminates all seller disclosure obligations
BShifts risk of unknown defects to the buyer but does not relieve the seller of fraud liability✓ Correct
CAllows the seller to cancel the contract at any time
DRequires the buyer to waive all inspection rights
Explanation
An 'as-is' clause shifts responsibility for the property's condition to the buyer, but sellers in Massachusetts cannot use it to conceal known material defects—intentional misrepresentation or fraud remains actionable.
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