The legal concept of "let the buyer beware," which was pervasive in the American business culture prior to the 1960s,is referred to as __________.

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"Caveat emptor" is a Latin term that means "let the buyer beware." It was a legal concept that placed the responsibility on the buyer to be aware of any defects or issues with a product before making a purchase. This concept was prevalent in American business culture prior to the 1960s, when consumer protection laws began to be established.

The Legal Concept of "Let the Buyer Beware," Which Was