Latin Legal Terms

Caveat

Caveat – this term refers to qualification, or warning. It is formed from the word “caveo”, which means beware; avoid. In practice, “caveat” applies within the term “caveat emptor”, applicable in the area of Commercial Law. It literally means “let the buyer beware”, and express the maxim that the buyer should check without asking if the purchased item is namely what he needs. I.e. he cannot blame the seller for buying something he did not need.
“Caveat emptor” also could refer to the liability of the seller is towards the buyer for shortcomings or defects of the purchased item.

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