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Caveat emptor is Latin for "Let the buyer beware." It means that in a contract matter where one person is buying something from another person, the buyer has the responsibility to make sure what he is buying is in good shape. Once he takes delivery and the money changes hands, the buyer can't complain that the item purchased is not good, unless there has been some fraud or deception by the seller. This is why when buying houses, a buyer, does a title search, a survey a home inspection and things like that. The buyer has to be sure there are no problems with what he is buying.

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12y ago
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11y ago

Let the Buyer Beware. It is the idea that a buyer takes the goods in whatever condition they are in, even if they contain hidden flaws, do not match the description given by the seller, are unusable, or if they contain flaws which the seller has disguised.

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That is a Latin phrase meaning "Let the buyer beware."

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Caveat emptor is a Latin term, meaning buyer beware. The principle is the same in English and Latin.

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What are the effects of the doctrine of caveat emptor in sales of goods contract

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Caveat Emptor means buyer beware.

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Q: Which of these most nearly define caveat emptor?
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Related questions

Which of these most nearly denfines caveat emptor?

Let the buyer beware A+


Caveat emptor means that the producer will be protected against fraudulent business practices but most protect the consumer?

For most of its existence as a legal guideline for commercial transactions, the "caveat emptor" principle has generally operated on dual levels: first, to protect producers (as well as mediating sellers); second, to protect consumers. Applied in particular commercial contexts, its meaning can vary greatly. It should also be noted that, in recent years, it has come to be qualified more as a consumer-protection principle.


Is Bing clipart copyright?

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Are Synthetic paints are often referred to as polymer or acrylic paints?

All paints are polymers. All acrylics are synthetic (man made). All marketing brochures apply the most desirable buzz words to whatever they are selling, no matter how contorted the supporting logic. Caveat Emptor.


What can you do if a car is bought from a used dealer and there is something wrong with it?

In the UK, if the vehicle is not fit for the road, the dealer can be fined and even have his licence to trade withdrawn. In most cases the dealer, if he was unaware of the defect, will repair it. However there may be clauses in the contract specifying what he is liable for. So it is a case of caveat emptor.


Is trading sun store a scam?

The online store is based in China and purports to sell designer goods. As most designer goods are produced very cheaply in China for an immorally high rip-em-off price in the west anyway, the stuff could well be unauthorised output from the same factories or last years surplus. Then again it might not be. Caveat emptor.


How often can you renew a caveat?

My understanding is that a caveat is generally valid for a period of six months unless it is withdrawn by the person entering the caveat (caveator). Before the the six month period expires the caveat must be renewed and will remain in force until it is removed by the caveator or as a result of a successful court action by the executor. In certain circumstances the caveat if constantly renewed can go on indefinitely.Another PerspectiveA caveat in one sense is a formal notice that an interested party files with the proper legal authorities, directing them to refrain from rendering a decision in an action until the party can be heard.It depends on the nature of the caveat and the jurisdiction. A will caveat is effective for a limited period of time in most jurisdictions and that period varies. A person who files a caveat cannot be allowed to delay adjudication of the case forever.For a definitive answer you need to check the type of case and the laws in your jurisdiction.


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