Contracts
A Vermont seller's failure to disclose a known latent defect (hidden defect) could result in:
ANo liability because Vermont is a buyer beware state
BLiability for fraud, misrepresentation, or violation of the Consumer Fraud Act✓ Correct
COnly a commission reduction
DLicense revocation for the buyer's agent
Explanation
Failing to disclose known material latent defects may constitute fraudulent concealment or misrepresentation, exposing the seller to liability for damages, rescission, and potential consumer fraud claims.
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