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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 are purchasing. This quality of the situation is known as 'information asymmetry'. Defects in the good or service may be hidden from the buyer, and only known to the ...
Buyer's remorse is a powerful experience for consumers. For years, marketers have been attempting to reduce buyer's remorse through many different methods. One specific technique employed by marketers is the inclusion of a coupon towards a future purchase at the point of sale. This has many benefits for both the consumer and retailer.
A Latin translation of René Goscinny's phrase in French ils sont fous, ces romains! or Italian Sono pazzi questi Romani. Cf. SPQR, which Obelix frequently used in the Asterix comics. Deo ac veritati: for God and for truth: Motto of Colgate University. Deo confidimus: In God we trust: Motto of Somerset College. Deo domuique: For God and for home
The regret you feel in the pit of your stomach after spending a small fortune on a home has a name. It's called buyer's remorse, and it's a lot more common than you may think. Thankfully, there are...
The 2024 election results suggest that the Trump majority may soon have cause for second thoughts, as the proposed tax cuts and tariffs could lead to increased inflation and worker shortages ...
The Ayenbite is a translation of the French Somme le Roi (also known as the Book of Vices and Virtues), a late 13th century treatise on Christian morality; the popularity of this latter text is demonstrated by the large number of surviving copies.
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In consumer rights legislation and practice, a cooling-off period is a period of time following a purchase when the purchaser may choose to cancel a purchase, and return goods which have been supplied, for any reason, and obtain a full refund. [1]