why caveat emptor approach change to caveat venditor
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Caveat emptor is a Latin term that means "let the buyer beware." Similar to the phrase "sold as is," this term means that the buyer assumes the risk that a product may fail to meet expectations or have defects.
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The term "caveat emptor" literally translates to, "let the buyer be aware". It was a term used in the consumer industry to signify that the customer runs the risk of a product not working after buying, and they therefore should carefully check them before buying.
However in the modern time, the term has been changed to "caveat venditor:, which means that it is the responsible of the seller to ensure that they are providing a working substance to the seller. It puts greater responsibility on the sellers to ensure reliability.
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