The doctrine of 'Caveat emptor' applies in which of the following situations?
Under Section 16 of the Sale of Goods Act, 1930, the doctrine of 'Caveat Emptor' (let the buyer beware) applies when a buyer examines or selects goods relying on their own…
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The doctrine of 'Caveat emptor' applies in which of the following situations?
Answer and explanation
Correct answer D
Under Section 16 of the Sale of Goods Act, 1930, the doctrine of 'Caveat Emptor' (let the buyer beware) applies when a buyer examines or selects goods relying on their own skill and judgment without communicating the specific purpose of purchase to the seller. Sales by description, sample, or statutory implied conditions are statutory exceptions to Caveat Emptor.
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UGC NET Commerce