Originally,sales transactions in the United States were guided by the principle of caveat emptor.

Question

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The principle of caveat emptor, which means "let the buyer beware," was the primary governing principle of sales transactions in the United States until the early 1900s. It was believed that buyers were responsible for making informed decisions and there were few regulations in place to protect consumers.

Originally,sales Transactions in the United States Were Guided by the Principle