Concept information
Preferred term
caveat emptor
Definition
- Caveat emptor is a Latin phrase that when literally translated means “let the buyer beware.” The phrase comes from two separate new Latin words: emptor, or “buyer,” and cavere, the verb for “caution.” The caveat emptor warning is most pronounced when the purchaser assumes the risk that the product is defective or unsuitable for his or her needs. Caveat emptor is not a transfer of responsibility to protect a seller who chooses to engage in fraud by making false statements or by issuing misleading representations about the quality or condition of a product. [Source: Encyclopedia of Deception; Caveat Emptor]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/caveat_emptor
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