Stambovsky v. Ackley [...] is a hobgoblin which should be exorcised from the body of legal precedent"). The dissenting opinion argued that the doctrine of "caveat emptor" should be strictly applied and would affirm the trial court's dismissal of all of the actions. Displeased by the majority's basis for its holding, the dissent said, "Finally, if the doctrine of caveat emptor is to be discarded, it should be for a reason more substantive than a poltergeist. The existence of a poltergeist is no more binding upon the defendants than it is upon this court." The case generated considerable publicity and area real estate
Caveat (horse) Caveat (horse) Caveat (March, 16 1980 – February, 1995) was an American Thoroughbred racehorse. Bred in Maryland) by Ryehill Farm, he was sired by Kentucky Derby winner Cannonade out of The Axe II mare Cold Hearted. To date, Caveat is one of eleven Maryland-bred colts to win a Triple Crown race. Caveat was owned by the partnership of August Belmont IV, Robert Kirkham, and his breeder, James P. Ryan. He was conditioned for racing by U.S. Racing Hall of Fame trainer Woody Stephens. As a two-year-old, Caveat placed second in the Grade II Lane's End Breeders' Futurity Stakes with Eddie