Jack, a second-hand dealer of cars, provides his clients with the opportunity to examine them. Jenny test-drove a car and got it checked by her mechanic as well. However, the mechanic missed a broken valve and the car broke down after the purchase. Which of the following is likely to happen in this scenario?
A) Jack is exempt from prosecution as the principle of caveat emptor applies.
B) Jack is responsible for selling a faulty car and can be prosecuted for fraud.
C) Jenny can claim compensation through courts as per the principle of caveat emptor.
D)Jack can be prosecuted by the mechanic for misleading him during purchase.
Question 2
Unclaimed property is often transferred to the government under the concept of escheat.
Indicate whether the statement is true or false
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