CAVEAT EMPTOR Sample Clauses
The 'Caveat Emptor' clause establishes that the buyer is responsible for assessing the quality and suitability of goods or property before making a purchase. In practice, this means the seller is not liable for defects or issues that the buyer could have discovered through reasonable inspection or due diligence. This clause serves to allocate risk to the buyer, encouraging careful examination and protecting the seller from post-sale claims regarding the condition of the item.
POPULAR SAMPLE Copied 23 times
CAVEAT EMPTOR. ENLIGN and its brokers do not audit, investigate or otherwise confirm or validate the information, facts, or figures that will be provided to Participant by Seller or other agents of Seller. It is therefore understood that ENLIGN and its brokers make no representations or warranties, either expressed or implied, with respect to their accuracy or completeness of information, nor invite or encourage full reliance upon them. You, as Participant, are urged to verify personally all information, facts, and figures presented to you from any source and to rely upon that verification and/or that of your own legal, tax, and financial advisor. In any and all cases Participant and its assigns agree to hold ENLIGN and its brokers/agents/employees/assigns harmless from any and all claims arising out of any transaction into which Participant may enter with seller in the future including, but not limited to, any and all inaccurate or misleading disclosures made by Seller in connection with such transaction. ▇▇▇▇▇ agrees to instruct the attorney drafting the transaction documents to include the following language: The Seller and ▇▇▇▇▇ acknowledge that they have not relied upon any advice, promise, inducement, representation, warranty, commitment, guarantee, or opinion of any kind, either verbal or in writing, of ENLIGN, its agents, employees, or representatives in connection with any aspect of this transaction. It is acknowledged and understood by ▇▇▇▇▇ and ▇▇▇▇▇▇ that ENLIGN acted as a conduit of information between the Seller and Buyer, and that ENLIGN has relied entirely upon the representations made by the parties without any independent investigation. The Buyer and Seller each represent and warrant that they have independently conducted their own investigations and due diligence with regard to the purchase and sale. The parties’ respective principals hereby acknowledge that each of them has previously executed an agreement containing a hold harmless provision with respect to the involvement of ENLIGN in this transaction which is hereby incorporated.
CAVEAT EMPTOR. ENLIGN and its brokers do not audit, investigate or otherwise confirm the information, facts, or figures that will be provided to you by seller or other agents of the seller. It is therefore understood that ENLIGN and its brokers make no representations or warranties, either expressed or implied, with respect to their accuracy or completeness of information, nor invites or encourages full reliance upon them. You are urged to personally verify all information, facts and figures presented to you from any source and to rely upon your own verification and that of your own legal, tax and financial advisors for professional assistance. In any and all cases Participant and its assigns agree to hold ENLIGN and its brokers harmless from any and all claims.
CAVEAT EMPTOR. When a good is purchased the principle of caveat emptor applies (i.e. that the buyer is responsible for checking the property sold – the seller not being legally obliged to disclose negative facts that might stop one from buying) (CO art 201 ; SGActO, s 32 ff). Prof. Dr. Zamaros - Dimensions of Law Session 36 5
CAVEAT EMPTOR. Mobile Pro is not liable for defects, caused as a result of:
a) inappropriate use, storage or transportation
b) if good was not used as specified in the applicable manuals or other operating instructions
c) if goods are subject to a wear lifespan / wear and tear
d) usage of foreign components e) bad maintenance
f) modifications or repairs not made or authorised by Mobile Pro
g) exorbitant wear
h) any reason beyond Mobile Pro’s sphere of liability
CAVEAT EMPTOR. The term caveat emptor is a Latin word which means “let the buyer beware”. - It implies that while purchasing the goods, the buyer must be cautious. This principle states that, at the time of buying goods, the buyer must make reasonable examination of the goods to satisfy himself that the goods are suitable for his purpose. - Section 6 provides that there is no implied warranty or condition as to the quality or fitness for any particular purpose for which the goods are supplied under a contract of sale. - In simple words, it is not the seller’s duty to give to the buyer the goods which are fit for a suitable purpose of the buyer. It is up to the buyer to make proper CS ▇▇▇▇▇ ▇▇▇▇▇ (8888 078 078) Think, Believe, Receive!! YT – ▇▇▇▇▇ ▇▇▇▇▇, Corporate Baba selection of goods according to his needs. If he makes a wrong selection, he cannot blame the seller if the goods turn out to be defective or do not serve his purpose.