What does Caveat Venditor imply?
Answer & explanation
Correct answer: option 2
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.”