NBE Funeral Service Director

Category - Arts - Marketing and Merchandising

What legal document places a burden on the customer to know what they are purchasing when not covered under a strict warranty?
  1. Caveat emptor
  2. Caveat venditor
  3. Quid pro quo
  4. Per se
Explanation
Answer: A - Caveat emptor is a legal doctrine that places the burden on a customer when making a purchase.

Caveat emptor ("let the buyer beware") places a burden on the buyer to understand the terms of a purchase and take responsibility for the purchase's condition, where a strict warranty does not apply. Caveat venditor ("let the seller beware") places the burden on the seller, not the buyer. Quid pro quo (“something for something”) means the transfer or exchange of either goods or services and per se means by or of itself.
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