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Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946

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BuyFindarrow_forward

Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946
Textbook Problem

What is the doctrine of caveat emptor?

Summary Introduction

To Discuss: The meaning of doctrine of caveat emptor.

Introduction: The word “Caveat emptor” is a Latin word that is referred as "let the purchaser or buyer beware", in the law of commercial transactions, rule that the purchaser buys at their very own vulnerability without an express warranty in the agreement.

Explanation

The meaning of doctrine of caveat emptor is as follows:

The word “Caveat emptor” in Latin is referred as "let the purchaser ...

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