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![]() "TTA Cherokee Driver" wrote in message ... Robert M. Gary wrote: TTA Cherokee Driver wrote in message ... But (at least in the state where I live) the seller of a car is required by law to voluntarily disclose any accident damage exceeding 25% of the vehicle's value. sounds like that people don't seem to think the same standard applies to airplanes. Also in this state, a seller of a building is rquired by law to voluntarily disclose a whole laundry list of problems and potential problems, BEFORE an offer can be tendered. So in both of the above cases, if hte seller were selling a car or a building, what he did would be either illegal, or very questionable in legality. Oh, if only we could have more laws and regulations, we would never [over the top sarcasm snipped] Regardless of what you think about laws, the point of this thread is that it is debating the ethics of selling an airplane without volunteering the info that it had received major repairs. Apparently a lot of poeple think that if someone uknowningly buys the airplance it's their own fault for not asking the right question to uncover it. Someone else cited automobiles and real property as an analogy to "prove" that it's in fact OK to lie by omission and hide behind the buyer's failure to ask the exact right question. I was simply pointing out that in fact it is generally considered unethical to sell these items without this disclosure, so much so that in many states that disclosure is legally mandatory which kinda blows holes in the whole "no seller has to tell any buyer anything" argument. And we all know that laws fix everything. The more laws the better off everybody is. Not. My guess is the buyer in those states with the disclosure laws are ripped off at the same rate as buyers in states without the laws. In fact in many cases such laws generate legal loop holes that have the exact opposite effect of the original intention of the law. If someone doesn't know to ask the right questions it is their fault. If you don't know the rules, don't play the game. Especially if you can't afford to lose. |
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