Caveat emptor Judge Benjamin N. Cardozo established that privity of duty is no longer required in regard to a lawsuit for product liability against the seller. This case is widely regarded as the origin of "caveat venditor" as it pertains to modern tort law in US. "Caveat lector" is Latin for "let the reader beware". One variant of this phrase is "caveat auditor", where the caveat is addressed to any receiver of a given (kind of) message (not necessarily a written one). Caveat emptor Caveat emptor (, ) is Latin for "Let the buyer beware" (from "caveat", "may he beware", a subjunctive
Caveat (horse) Maple aboard. At age three, Caveat won the Prince John Stakes and came in second in the Arkansas Derby three weeks prior to the Derby. Woody Stephens felt like he needed a little tightening up, so he ran Caveat six days before the Derby and won the Derby Trial. Then in May, he placed third in the Kentucky Derby behind Sunny's Halo. Five weeks later, under jockey Laffit Pincay, Jr., he won the Belmont Stakes against a record field of 15 horses, straining a ligament in his right foreleg at the top of the stretch in the process. The injury