Caveat emptor by phone, also have a statutory "cooling off" period of fourteen calendar days during which the purchase contract can be cancelled and treated as if not done. Although no longer applied in consumer law, the principle of "caveat emptor" is generally held to apply to transactions between businesses unless it can be shown that the seller had a clear information advantage over the buyer that could not have been removed by carrying out reasonable due diligence. "Caveat venditor" is Latin for "let the seller beware." In the landmark case of "MacPherson v. Buick Motor Co." (1916), New York Court Appeals
Paulette Caveat signatories did not believe that Treaty No. 8 and No. 11 extinguished their Aboriginal rights to the land and that the Treaties were unfulfilled. Justice Morrow agreed with these witnesses and ruled that the Chiefs had established a case for claiming Aboriginal rights sufficiently to warrant the filing of a caveat. Although the ability to register the caveat was overturned by the Supreme Court of Canada, Justice Morrow's findings in respect to Aboriginal rights were not overturned. The "Paulette" case resulted in the initiation of the Dene/Metis comprehensive land claim process. The "Paulette" and "Calder" cases prompted the Government of