Buyer Beware

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August 25, 2024 2 min read Definitions

Law Real Estate Consumer Rights Caveat Emptor Buyer Beware Consumer Protection Disclosure Legal Doctrine

Caveat Emptor (Latin for 'Let the buyer beware') is a rule of law that the purchaser buys at their own risk. Recently, this doctrine has eroded to require disclosure by the seller of known defects in the product.

August 24, 2024 3 min read Definitions

Caveat Emptor (Buyer Beware): Definition and Modern Replacements

Law Economics Buyer Beware Consumer Protection Legal Terms Commerce Due Diligence

A comprehensive exploration of the Latin phrase 'Caveat Emptor,' its meaning, historical context, its modern-day relevance, and the principles that have supplanted it in consumer protection.