When you buy a home, even if you waive all contingencies, including a home inspection, if the seller fails to disclose material problems with the house, the sellers will be liable. This liability extends for years past the close of sale.
You have proven your own ignorance with your example!
The sellers are liable for some things, in some states, because there are laws that say they are liable for some things.
No such laws generally apply to corporate acquisition agreements.
You have proven your own ignorance with your example!
The sellers are liable for some things, in some states, because there are laws that say they are liable for some things.
No such laws generally apply to corporate acquisition agreements.