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The principle of caveat emptor

Updated: 10/10/2023
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13y ago

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the phrase caveat emptor means "let the buyer beware". Its legal meaning is that the buyer needs to exercise diligence when purchasing something. If something is too good to be true, it usually isn't.

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13y ago
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14y ago

The phrase caveat emptor is Latin for let the buyer beware. It means that you should exercise some caution when buying things, because the seller could be lying to you. For example, you buy a used car which you are told is in perfect condition, but it immediately breaks down. You buy a house, but it has termites.

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14y ago

The doctrine of caveat emptor places the responsibility on the buyer alone to determine the quality of the goods to be purchased prior to the sale.

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