or "buyer beware" is the shortened form derived from the Latin maxim, "Caveat emptor
, qui ignorare non debuit quod jus alienum emit" or translated to English, "Let a purchaser, who ought not to be ignorant of the amount and nature of the interest which he is about to buy, exercise proper caution." (12)
To directly address "Watching Out's" question as to whose fault is the misunderstanding of brokers' duties to their clients, to my mind the principle of caveat emptor
went out the window for brokers and their broker-dealers when they starting using the moniker "advisor" rather than "adviser" to evade the '40 Act standard, and later "trusted advisor," to make it sound as if they were, indeed, fiduciaries for their clients.
", warns Bert Ward (Letters, October 15).
: The Secret Life of an American Art Forger tells of an art world scandal ten years ago involving an FBI investigation, a trail of fake paintings, and the involvement of art dealers, experts and major auction houses.
Get a solicitor to look through the legal pack and ensure your finance is in place and you are ready to move quickly - caveat emptor
By spelling out the rights and remedies of the consumers in a market so far dominated by organized manufacturers and traders of goods and providers of various types of services, the Act makes the dictum, caveat emptor
('buyer beware') a thing of the past.
, "let the buyer beware," is a caution that has taken on new relevance in the horticultural press.
"All of these stocks have been copied, with some of the most ingenious aging techniques imaginable, so caveat emptor
certainly applies," he warns.
In fact, in this instance they didn't even get what they paid for), and second, "caveat emptor
" -- let the buyer beware.
? "By placing an order via this Web site on the first day of the fourth month of the year 2010 Anno Domini, you agree to grant us a nontransferable option to claim, for now and for evermore, your immortal soul." British video game maker GameStation, gamestation.co.uk, inserted this clause into its terms-and-conditions language for online users.
: All holiday light strands we could find are strung on wires coated with lead-containing PVC.
Consumer rights were summed up in one Latin phrase, caveat emptor
. And civil rights included enslaving hundreds of thousands, soon to be millions, of people.