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Caveat Emptor

Caveat emptor is a Latin phrase that translates to "let the buyer beware." It is a legal principle that places the responsibility on the buyer to examine and assess the quality, condition, and value of a product or service before making a purchase. Under this principle, the buyer assumes the risk for any defects or issues with the item unless the seller explicitly guarantees its condition or provides assurances.

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  • Oct 2023
  • 50m
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