Practicing Success
Practicing Success
CUET Preparation Today
| What is the meaning of the legal maxim 'caveat emptor'? |
rule against bias one thing for another let the buyer beware for being good |
| let the buyer beware |
| Caveat Emptor: It is a Latin phrase that is translated as “let the buyer beware.” It means that an individual buys at their own risk. Caveat emptor is a commercial and contractual law principle that transfers the liability of quality assurance from the seller to the buyer. It requires the consumer to conduct due diligence of the product before purchasing it and assume the risk of potential problems or defects. Its opposite is caveat venditor, which means “let the seller beware.” |
