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The doctrine of caveat emptor means that the law may be justifiably used to restrict the freedom of individuals for their own good. A. TrueB. False

Sagot :

Option B is correct. False, doctrine of caveat emptor does not mean that the law may be justifiably used to restrict the freedom of individuals for their own good.

About Caveat Emptor

Latin phrase "Let the buyer beware" is caveat emptor. It is now a part of English idiom. The contract law concept known as caveat emptor often governs the selling of real estate just after date of closure, though it could also apply to the sale of other types of products. Because purchasers frequently know less about the product or service they are buying than the seller, the phrase "caveat emptor" and its usage as the disclaimer of the warranties are a result. This characteristic of the circumstance is referred to as "information imbalance." Defects in the product or service might only be apparent to the seller and concealed from the buyer.

To know more about caveat emptor:

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