Author Question: Sally Ryan is purchasing a home from Reagan Davis. Reagan's partner died at this home while under ... (Read 77 times)

EAugust · **on:** Jun 24, 2018

Sally Ryan is purchasing a home from Reagan Davis. Reagan's partner died at this home while under hospice care. The cause of death was AIDS-related complications. Reagan did not disclose this information to Sally. When Sally moves into the home the neighbors share with her the history of the home. Which of the following is a correct statement?
A)Reagan was not required to disclose the circumstances surrounding the death of her partner.
B)The circumstances surrounding the death of Reagan's partner were material information that should have been disclosed prior to the sale.
C)There has been silent misrepresentation.
D)There has been fraud.

Question 2

In order to be negotiable, an instrument must comply with the standard legal forms.
Indicate whether the statement is true or false