Which of the Following Terms Refers to the Concept of "Buyer

question 37

Multiple Choice

Which of the following terms refers to the concept of "buyer beware"?

• A) res judicata
• B) caveat emptor
• C) volenti
• D) the sophisticated buyer rule

---

Definitions:

Typical Welfare Family

A reference to the average household receiving government assistance to support its basic needs.

Single Woman

An adult female who is not married.

Federal Minimum Wage

The lowest legal hourly wage that an employer can pay to workers in the United States, set by federal law.

Poverty Problem

A social issue involving a lack of financial resources that is enough to meet the basic needs such as food, clothing, and shelter.