Apedia

Buyer Caveat Rule Buying Local Avoid Emptor Beware

word caveat emptor
definition Let the buyer beware.
eg_sentence The best rule to keep in mind when buying anything from a pushcart is: “Caveat emptor.”
explanation “Without a warranty, the buyer must take the risk” is the basic meaning of the phrase caveat emptor. In the days when buying and selling was carried on in the local marketplace, the rule was a practical one. Buyer and seller knew each other and were on equal footing. The nature of modern commerce and technology placed the buyer at a disadvantage, however, so a stack of regulations have been written by federal, state, and local agencies to protect the consumer against dangerous or defective products, fraudulent practices, and the like. But the principle that a buyer needs a warranty if he is to avoid risk remains an important legal concept. Note that a caveat is a small warning or explanation intended to avoid misinterpretation
IPA ˈkeɪviˌæt ˈɛmptər

Tags: mwvb::unit:5, mwvb::unit:5:word, mwvb::word, mwvb::word-cloze, mwvb::word-reverse, obsidian_to_anki

Learn with these flashcards. Click next, previous, or up to navigate to more flashcards for this subject.

Next card: Corpus crime committed delicti prove facts case body

Previous card: Carpe diem phrase enjoy pleasures opportunities moment concern

Up to card list: Merriam-Webster Vocabulary Builder LITE (English)