Caveat emptor – It means let the buyer beware or the buyer should exercise caution.
- Emptor :- buyer
Example – When someone is considering purchasing a used car from a private seller. Since there might be undisclosed issues with the vehicle, the buyer should thoroughly inspect the car’s condition, history, and maintenance records before making the purchase. In this situation, the principle of “caveat emptor” applies, reminding the buyer to be cautious and diligent in assessing the product before buying it.