Contracts
In NC, the doctrine of 'caveat emptor' (buyer beware) has been largely replaced by:
AThe rule of strict liability for sellers
BMandatory seller disclosure requirements and agent duties to disclose material facts✓ Correct
CStrict building code inspections before every sale
DMandatory home warranty programs
Explanation
NC's mandatory Residential Property Disclosure requirements and broker duties to disclose material facts have effectively replaced caveat emptor for residential real estate transactions.
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