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
Doctrine of the Mean contrary to the course of the Mean." This guideline requires self-education, self-questioning and self-discipline during the process of self-cultivation. This principle was demonstrated in the first chapter of "Doctrine of the Mean": "The superior man does not wait till he sees things to be cautious, nor till he hears things to be apprehensive. There is nothing more visible than what is secret, and nothing more manifest than what is minute. Therefore the superior man is watchful over himself, when he is alone." This guideline requires understanding, concern and tolerance towards one another. Leniency was demonstrated in the 13th chapter: "When