n NISM Certifications
NSM General NISM
Medium

What does the principle of "caveat emptor" mean?

Practice question from Legal & Regulatory Framework Test — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Let the seller beware

  2. Let the buyer beware

    Correct answer

  3. C

    Both buyer and seller should be aware

  4. D

    The regulator is responsible for all transactions

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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