allery'Caveat emptor' is replaced in consumer protection by
Ano Latin maxim applies
B'caveat empower' (consumer is mighty)
Calways 'caveat emptor'
D'caveat venditor' (let the seller beware) — sellers are responsible for product quality
Answer & Solution
Correct answer: D. 'caveat venditor' (let the seller beware) — sellers are responsible for product quality
1. Caveat emptor = 'let the buyer beware' — old common law principle.
2. Modern consumer law shifts the burden to sellers (caveat venditor).
3. Sellers must ensure quality, safety and accurate information.
_Source: syllabus Understanding Economic Development, Ch 5 "Consumer Rights"_
Keep practising Economic Development & Banking
Browse all Economic Development & Banking questions for CBSE Class 10, or explore more Social Science topics.
Related questions
What must every e-commerce entity display under the 2019 Act?Which authority was set up under the Consumer Protection Act, 2019?What is a mediator in consumer disputes?Which is a weakness of the consumer redressal process in India?Why is evidence hard to gather in many small purchases?Roughly how many consumer groups exist in India, per NCERT?Which of these goods must be certified before sale in India?For which product is certification mandatory for producers?