Caveat emptor - Wikipedia, the free encyclopedia
Caveat emptor is Latin for "Let the buyer beware". Generally caveat emptor is the property law doctrine that controls the sale of real property after the date of closing. Under the doctrine of cave...
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CAVEAT EMPTOR - Lat. 'buyer beware.' This rule used to generally apply to all sales, especially between individuals. It gives the buyer full responsibility for determining the quality of the goods in question. The seller generally has no duty to offer warranties or to disclose defects in the goods.
www.lectlaw.com/def/c018.htm
CAVEAT EMPTOR. Let the purchaser take heed; that is, let him see to it, that the title he is buying is good. This is a rule of the common law, applicable to the sale and purchase of lands and other real estate.
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Laidlaw v. Organ [3], a decision written in 1817 by Chief Justice John Marshall, is believed by scholars to have been the first U.S. Supreme Court case which laid down the rule of caveat emptor in U.S. law.[4]
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The only caveat here is that the pedigree is often not enough. Any corporate decision related to hiring, promotion, compensation et cetera will usually be based on either merit, personal charm, politics, physical appearance, and nepotism first.
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The Sheriff is a ministerial officer of the Court and is without power to make any terms except those authorized and prescribed by the Court. The Sheriff sells only the judgment debtor's title. If there is no title, the purchaser acquires none. ... Foreclosure sales are for real property only. ... The successful bidder,
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