Doctrine of Caveat Emptor means

Caveat Emptor is a Latin phrase meaning 'let the buyer beware.' It's a principle in commercial law that places the responsibility on the buyer to perform due diligence before purchase. The seller is not automatically liable for defects unless they actively conceal them or make specific warranties. Option B is correct. Option A 'let the seller beware' would be Caveat Venditor, which is not the traditional rule. Option C about creditors is unrelated. The principle originated in common law and applies unless modified by statute or specific warranty terms.