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Caveat emptor means that the producer will be protected against fraudulent business practices but most protect the consumer?
Wiki User
∙ 9y ago
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.
Wiki User
∙ 9y ago
Wiki User
∙ 14y agoFalse. 'Caveat Emptor' from Latin means 'May the buyer beware' or 'Let the buyer beware.' The producer never enters the issue. It's saying everything is up to the buyer - it's his responsiblity to know what he's getting.
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What is the struggle amoung various producers for the consumer's business called?
a competitive market
What were the four units of American Express?
Global Corporate Services, Global Financial Services, Global Establishment Services and Traveler's Cheques, and U.S. Consumer and Small Business Services.
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Lower taxes to make it easier for consumers and business to spend money.
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John F. Kennedy
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Caveat emptor that the producer will be protected against fraudulent business practices but must protect the consumer?
False
Caveat emptor means that the producer will be protected against fraudulent business practices but must protect the consumer?
false
Caveate emptor means that the producer will be protected against fraudulent business practices but must protect the consumer?
problem
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The BBB's, Better Business Bureau, function is to promote a marketplace that is ethical. Their main focus is to protect the consumer from fraudulent business practices.
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As with an consumer oriented business it would be advisable to contact your local Better Business Bureau.
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Both should be protected, Cause there Are people who try to sue business just for money and there are business that steal from people, so both need to be protected by the law. Hope this helps.
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A consumer is not responsible for fraudulent calls made on a stolen cell phone. However, it might take some time to get the charges reversed,
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Finding a Consumer Forum is a good way to protect yourself from a business that is not up to customer standards. Their are several websites dedicated to alerting consumers of fraudulent and shady individuals as well as qualified professionals, such as Angies list, The Consumers Goods Forum, and Consumer Cell.
