In the present boundaryless world, the significance of the 'doctrine of Caveat Emptor' is declining due…
In modern commerce, the rigid doctrine of Caveat Emptor ('Let the buyer beware') has declined in significance due to the growth of consumerism, consumer protection laws, and…
Choose your answer
In the present boundaryless world, the significance of the 'doctrine of Caveat Emptor' is declining due to
Answer and explanation
Correct answer B
In modern commerce, the rigid doctrine of Caveat Emptor ('Let the buyer beware') has declined in significance due to the growth of consumerism, consumer protection laws, and the shift toward 'Caveat Venditor' ('Let the seller beware').
Practice for these exams
-
RPSC Assistant Professor (College Education)