Caveat emptor - sustany/dvg GitHub Wiki

Caveat emptor is a common law doctrine that places the burden on buyers to reasonably examine property before making a purchase. A buyer who fails to meet this burden is unable to recover for defects in the product that would have been discovered had this burden been met. The phrase� �caveat emptor� is Latin for �let the buyer beware.�

Caveat emptor principles are generally still followed today;�however, they are subject to exceptions. Under the doctrine of concealment, for example, a seller who withholds material information when they have a duty to disclose is not protected by caveat emptor.�

See, e.g.�SEC v. Zandford, 535 U.S. 813 (2002).

See:�Commercial law,�Real property,�Personal property