The term which enjoins a buyer to examine goods thoroughly before making payment is?
-
A.
uberimae fidei -
B.
caveat venditor -
C.
consumer sovereignty -
D.
caveat emptor
Correct Answer: Option D
Explanation
Caveat emptor is a neo-Latin phrase meaning “let the buyer beware. the principle that the seller of a product cannot be held responsible for its quality unless it is guaranteed in a warranty. The buyer is required to properly examine goods before making payment because the seller wont be held responsible for any defects in the goods unless it comes with a warranty