Caveat emptor Caveat emptor Caveat emptor (, ) is Latin for "Let the buyer beware" (from "caveat", "may he beware", a subjunctive form of "cavēre", "to beware" + "ēmptor", "buyer"). Generally, "caveat emptor" is the contract law principle that controls the sale of real property after the date of closing, but may also apply to sales of other goods. The phrase "caveat emptor" and its use as a disclaimer of warranties arise from the fact that buyers typically have less information about the good or service they are purchasing, while the seller has more information. The quality of this situation is known
The Bond Buyer paragraph: Pennsylvania Is About To Take Over Pittsburgh's Pension Fund And Rip It To Shreds" Retrieved October 20, 2010. ^ "USATODAY cites "The Bond Buyer", 2nd to last paragraph: Hundreds of tax issues on the ballots this year". Retrieved October 19, 2010. ^ "MSN.com referenced "Bond Buyer" Editor, Amy Resnick's Twitter account, for an article entitled: Bonds based on pot sales? regarding facts reported at "The Bond Buyer's" annual California Public Finance Conference". Retrieved October 8, 2010. ^ "SeekingAlpha.com cited "The Bond Buyer", 5th paragraph: Unintended Consequences of Basel III on Tax-Free Money Market Funds". Retrieved October 4, 2010. ^