Multiple choice

The rule of caveat emptor does not apply in the case of

  1. fitness for buyer's purpose

  2. sale under a patent or trade name

  3. usage of trade or consent by fraud

  4. all of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Caveat emptor (let the buyer beware) has several exceptions where it doesn't apply: when the seller relies on the buyer's purpose (fitness), when goods are sold under patent/trade name (implied condition of merchantability may not apply), or where usage of trade creates implied terms. In these cases, the seller has certain obligations that override caveat emptor.