solved Help me study for my Business class. I’m stuck and
Help me study for my Business class. I’m stuck and don’t understand.
The questions: How would you feel if you were in Gus’ shoes?Is Bill obligate to pay for the repairs? Why or why not?the case:Bill sold his three-year-old motor home to Gus, a colleague. Gus received a great price of $10,000 in the as-is sale. When asked about the condition, Bill said, “It uses a lot of oil, but all of these motor homes do. I’ve not had any problems with it.†A few days later, the motor home quit on the freeway, and Gus had it towed to a repair shop. The repairman said, “This vehicle has a badly cracked block and needs a new engine. It’ll cost about $5,000.†Gus returned to Bill, asking him, “What are you going to do for me here? You sold me a defective vehicle.†Bill responded, “I didn’t know anything about the cracked block. I sold the vehicle as is, and I don’t intend to do anything about it.â€