Meaning Of Caveat Emptor In English
The axiom or principle in commerce that the buyer alone is responsible for assessing the quality of a purchase before buying.
Meaning of caveat emptor in english. Generally caveat emptor is the contract law principle that controls the sale of real property after the date of closing but may also apply to sales of other goods. Used for saying that the person who buys something must take responsibility for the quality of. Caveat emptor definition is a principle in commerce.
It has become a proverb in english. Caveat emptor ˈ ɛ m p t ɔːr. When a sale is subject to this warning the purchaser assumes the risk that the product might be either defective or unsuitable to his or her needs this rule is not designed to shield sellers.
Caveat emptor means let the buyer beware and is a warning to someone buying. Without a warranty the buyer takes the risk. A warning that notifies a buyer that the goods he or she is buying are as is or subject to all defects.
From caveat may he beware a subjunctive form of cavēre to beware ēmptor buyer is latin for let the buyer beware. Caveat emptor synonyms caveat emptor pronunciation caveat emptor translation english dictionary definition of caveat emptor. Meaning pronunciation translations and examples.