What Is the Meaning of the Latin Term Caveat Emptor

question 30

Multiple Choice

What is the meaning of the Latin term caveat emptor?

• A) buyer beware
• B) misled buyer
• C) vendor
• D) first to register

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Definitions:

Qualitative Variables

Variables that describe or categorize attributes or characteristics that are not numerical but can be observed qualitatively.

Summarized

The presentation of data or information in a condensed form, highlighting the main points or statistics.

Proportions

A statistical measure that reflects the relationship of a part to the whole, often expressed as a fraction or percentage.

Median

Median is the middle value in a set of data when arranged in ascending or descending order, effectively dividing the dataset into two halves.