Saturday, April 9, 2016

SGA [slide-42]

The doctrine of Caveat Emptor
According to the doctrine of caveat emptor it is the duty of the buyer to be careful while purchasing goods of his requirement.
Example: At the time of buying a shirt from near Dhaka college seller has to check the product properly because that products are not 100% OK.
Some exceptions are as follows:
  1)Where the buyer relies upon the skill and judgement of the seller.
Example: If a blind person wants to buy a good sports car then the seller has to give him a good one because he cannot see anything.

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