WAEC Commerce 2017 Objective — Question 40

Question 40 of 50 from the West African Examinations Council (WAEC) Commerce 2017 Objective paper, with the correct answer and a full explanation.

40. The term which enjoins the buyer to examine goods thoroughly before making a purchase is

A. A. Uberimae fidei
B. B. caveat venditor
C. C. consumer sovereignty
D. D. caveat emptorCorrect

Explanation

Caveat emptor is a Latin phase which means 'let the buyer beware'. It is principle which advises buyer to check the quality of the goods before a purchase is made.

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