The principle of caveat emptor applies only to situations where

Name: The principle of caveat emptor applies only to situations where
Brand: Quizplus
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Quizplus · Accepted Answer

The principle of caveat emptor, meaning "let the buyer beware," applies in situations where the seller has made no misrepresentations about the goods, the goods can be inspected by the buyer, the goods are specific items, and the goods are in existence. This principle places the responsibility on the buyer to perform due diligence before making a purchase.

The Principle of Caveat Emptor Applies Only to Situations Where