Question

write a short note on caveat emptor.​

Answer 1

Caveat emptor is Latin for "Let the buyer beware". It has become a proverb in English. Generally, caveat emptor is the contract law principle that controls the sale of real property after the date of closing, but may also apply to sales of other goods.

Answer 2

Answer:

Caveat emptor is a Latin phrase that is translated as “let the buyer beware.” The phrase describes the concept in contract law that places the burden of due diligence. The process of due diligence is something which the buyer conducts to confirm the accuracy of the seller's claims.