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Caveat Emptor, Latin for “let the buyer beware”, is a principle of contract law that passes responsibility for discovering defects from the seller to the buyer.

In effect, the seller does not have responsibility to provide information or make promises on the quality of an item being sold.

For example, if you buy a lawn mower at a yard sale, the seller is not required to guarantee that it will work as promised.

The buyer should conduct due diligence of the product before purchase.
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0:00 Caveat Emptor Definition
0:37 Caveat Emptor Origin
1:08 Caveat Emptor Laws
2:18 Caveat Venditor
2:38 Caveat Emptor Question & Application
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