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
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. ^