Target Exam

CUET

Subject

Business Studies

Chapter

Consumer Protection

Question:

What does Caveat Venditor imply?

Options:

Let the buyer beware

Let the seller beware

Let the producer beware

Let the distributor beware

Correct Answer:

Let the seller beware

Explanation:

The correct answer is Option (2) → Let the seller beware

The Latin phrase “Caveat Venditor” means “Let the seller beware.” It places the responsibility on the seller to ensure that the goods or services sold are of standard quality and free from defects. This principle protects consumers from exploitation and promotes ethical business practices. It is the opposite of “Caveat Emptor,” which means “Let the buyer beware.”