IDENTIFICATIONS -Eugene Debs

question 19

Essay

IDENTIFICATIONS
-Eugene Debs

---

Definitions:

Caveat Emptor

A Latin phrase meaning "let the buyer beware," indicating that the responsibility for due diligence on a purchase lies with the consumer.

Caveat Emptor

A principle in commerce that places the responsibility on the buyer to perform due diligence before making a purchase.

Principle

A fundamental truth or proposition that serves as the foundation for a system of belief or behavior or for a chain of reasoning.

Ethics of Exchange

Moral principles that govern the conduct of transactions between buyers and sellers, ensuring fairness and honesty in the marketplace.