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
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. ^