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What is Caveat Emptor? - Commerce

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प्रश्न

What is Caveat Emptor?

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उत्तर

‘Caveat emptor’ is a Latin term that means “let the buyer beware.” Similar to the phrase” sold as is” this term means that the buyer assumes the risk that a product fails to meet expectations or has defects.

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'Caveat Emptor'
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अध्याय 16: Consumerism - Exercise [पृष्ठ १३९]

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सामाचीर कलवी Commerce [English] Class 12 TN Board
अध्याय 16 Consumerism
Exercise | Q II. 4. | पृष्ठ १३९
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