Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

A goes to B's shop & purchases a silk saree thinking that it is made ofBanarast silk. The shopkeepers knows that 'A's thinking is wrong.

A goes to B's shop & purchases a silk saree thinking that it is made ofBanarast silk. The shopkeepers knows that 'A's thinking is wrong. Hehowever, does not correct 'A's impression latter on, when 4 discoversthat the sari-is not made of Banarasi silk. He wants to avoid the contracton the basis of above case answer the following.9What is Caveat Emptor, under what circumstances the rule of CaveatiLemptor is not applicable under sale of Goeds Act?Do you agree with A in avoiding the contract? Give reason.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

What is Caveat Emptor Caveat Emptor is a Latin term that translates to let the buyer beware This principle means that the buyer alone is responsible f... blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction To Materials Management

Authors: Arnold J. R. Tony, Gatewood Ann K., M. Clive Lloyd N. Chapman Stephen

8th edition

9386873249, 134156323, 978-9386873248

More Books

Students also viewed these General Management questions

Question

Use translations to graph f. f(x) = x-/2 +1

Answered: 1 week ago

Question

Evaluate the answers accurate to the cent.

Answered: 1 week ago