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Caveat Emptor

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Old Apr 27, 2012 | 05:12 PM
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Default Caveat Emptor

Definition of 'Caveat Emptor'
A Latin phrase for "let the buyer beware." The term is primarily used in real property transactions. Essentially it proclaims that the buyer must perform their due diligence when purchasing an item or service.

In other words, consumers need to know their rights and be vigilant in avoiding scams. For example in the private purchase of a used car, caveat emptor places an onus on the buyer to make sure the car is worth the purchase price. This is because once the transaction is complete the buyer will not receive a warranty or return option from the seller.
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Old Apr 27, 2012 | 05:15 PM
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Thank you for the Econ 101 lesson

Did you mean to post this in any particular thread?
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Old Apr 27, 2012 | 05:25 PM
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Old Apr 27, 2012 | 05:28 PM
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Old Apr 27, 2012 | 05:33 PM
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...
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Old Apr 27, 2012 | 07:14 PM
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Can i ask for some of my money back?
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Old Apr 27, 2012 | 07:52 PM
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I love lamp.
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Old Apr 28, 2012 | 07:44 AM
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Originally Posted by Tampa 928s
Definition of 'Caveat Emptor'
A Latin phrase for "let the buyer beware." The term is primarily used in real property transactions. Essentially it proclaims that the buyer must perform their due diligence when purchasing an item or service.

In other words, consumers need to know their rights and be vigilant in avoiding scams. For example in the private purchase of a used car, caveat emptor places an onus on the buyer to make sure the car is worth the purchase price. This is because once the transaction is complete the buyer will not receive a warranty or return option from the seller.
looks like we've found the seller of the black car on the other thread
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Old Apr 28, 2012 | 11:22 AM
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I agree, sort of.
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Old Apr 28, 2012 | 12:08 PM
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I am was trying to post on my wifes I-pad type device and it created this mystery thread!
It should be in the "My car arrived, this may go very badly" and no, I'm not the seller just remembered this classic phrase.
Caveat Emptor after using the HP Pad as I call it the Maxie-Pad seems like this saying is appropriate.
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Old Apr 28, 2012 | 12:19 PM
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Old Apr 28, 2012 | 01:00 PM
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Originally Posted by mickster
I like where you are headed with this.
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Old Apr 28, 2012 | 02:22 PM
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Originally Posted by blown 87
I like where you are headed with this.

Back to 6th grade?
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Old Apr 28, 2012 | 02:33 PM
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I see everyone has nothing to do today!
Love this forum a wayward post morphs into a discussion.
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