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Definition of Caveat emptor
1. Noun. A commercial principle that without a warranty the buyer takes upon himself the risk of quality.
Lexicographical Neighbors of Caveat Emptor
Literary usage of Caveat emptor
Below you will find example usage of this term as found in modern and/or classical literature:
1. A Treatise Upon Some of the General Principles of the Law: Whether of a by William Wait (1878)
"caveat emptor. It is the general rule of the common law that no warranty of the
... The maxim applied in such cases is caveat emptor, by which is meant that ..."
2. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1920)
"Sales <S=I79(5)—caveat emptor does not require buyer of cattle at specified weight
per pound to examine aggregate weight. Purchaser of cattle at specified ..."
3. A Selection of Legal Maxims, Classified and Illustrated by Herbert Broom, Herbert Francis Manisty, Charles Francis Cagney (1884)
"caveat emptor. (Hob. 99.)—Let a purchaser beware. It seems clear, that, according
to the civil law, ..."
4. The American and English Encyclopedia of Law by John Houston Merrill, Charles Frederic Williams, Thomas Johnson Michie, David Shephard Garland (1889)
"caveat emptor—Eule Defined.—" Let the purchaser beware " is a maxim of the common
... There fore caveat emptor may be defined as a rule of the common law, ..."