Caveat Emptor

The video tutorial explains the concept of 'caveat emptor,' which translates to 'buyer beware.' It emphasizes the buyer's responsibility to perform due diligence when purchasing items, particularly in real estate. The seller is not obliged to disclose all information but cannot misrepresent the product. The tutorial outlines the limits of caveat emptor, ensuring that sellers cannot lie about their products.

What are the limitations of caveat emptor for sellers?

What does caveat emptor imply for sellers regarding the information they provide?