A. uberimae fidei
B. caveat venditor
C. consumer sovereignty
D. caveat emptor
Correct Answer: Option D
D. caveat emptor
Explanation
Caveat emptor is a neo-Latin phrase meaning “let the buyer beware. the principle that the seller of a product cannot be held responsible for its quality unless it is guaranteed in a warranty. The buyer is required to properly examine goods before making payment because the seller wont be held responsible for any defects in the goods unless it comes with a warranty
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document…
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…