Search results
Results from the WOW.Com Content Network
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. The phrase caveat emptor and its use as a disclaimer of warranties arises from the fact that buyers typically have less information than the seller about the good or service they ...
The general law of the sale of property is caveat emptor (let the buyer beware) and buyers are under a general duty to inspect their purchase before taking possession. However, it is understood at law that inspection is often not sufficient to detect certain deficiencies in the product that can only be discovered through destructive testing or ...
It is a counter to caveat emptor and suggests that sellers can also be deceived in a market transaction. This forces the seller to take responsibility for the product and discourages sellers from selling products of unreasonable quality.
caveat: May he beware When used by itself, refers to a qualification, or warning. caveat emptor: Let the buyer beware In addition to the general warning, also refers to a legal doctrine wherein a buyer could not get relief from a seller for defects present on property which rendered it unfit for use. / ˈ k æ v i æ t ˈ ɛ m p t ɔːr ...
Seixas v. Wood relies heavily on the English case of Chandelor v Lopus, and is the American counterpart to Chandelor in developing the rule "caveat emptor." Laidlaw v. Organ, an 1817 decision by Chief Justice John Marshall, is believed to have been the first U.S. Supreme Court case which laid down the rule of caveat e
Caveat emptor Chandelor v Lopus (1603) 79 ER 3 [ 1 ] is a famous case in the common law of England . [ 2 ] It stands for the distinction between warranties and mere affirmations and announced the rule of caveat emptor (buyer beware).
I feel like I've entered the funny house of mirrors because personal finance content distributor Bankrate's (NYS: RATE) fourth-quarter earnings are definitely not what they appear -- at least if ...
Legal defense where a defendant attempts to show that he was elsewhere at the time a crime was committed (e.g. "his alibi is sound; he gave evidence that he was in another city on the night of the murder.") aliquid stat pro aliquo: something stands for something else: Foundational definition in semiotics. alis aquilae: on an eagle's wings