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oboloo Glossary

Caveat Emptor

oboloo Glossary

Caveat Emptor

Caveat Emptor

Caveat emptor is a legal principle that places the responsibility for verifying the quality and suitability of goods and services on the buyer. The term is Latin for “let the buyer beware.” The doctrine of caveat emptor has largely been replaced by statutory warranties in modern consumer protection law.

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