Multiple choice

Under Sale of Goods Act, the term ‘caveat emptor’ means

  1. an instruction to the buyer to buy only if he likes

  2. a condition binding the buyer and seller to agree to certain conditions of the sale

  3. a warning for the sale buyer to be cautious while buying

  4. a right of the seller, whether to sell the goods or not

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

It is the principle that the buyer alone is responsible for checking the quality and suitability of goods before a purchase is made.