Multiple choice

'Doctrine of Caveat Emptor' means

  1. let the seller beware

  2. let the buyer beware

  3. let the creditor beware

  4. none of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Caveat emptor is Latin for 'let the buyer beware.' This principle places the responsibility on the buyer to perform due diligence before purchase. The seller is not automatically liable for defects unless they actively concealed them.

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