Class/Course - CA - CPC

Subject - Mercantile Laws

Chapter - Conditions and Warranties

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Q.1 The doctrine of “Caveat Emptor” is applicable where _________
  There is no implied warranty or condition as to quality or fitness of the goods
  The buyer discloses to the seller the particular purpose for which goods are required
  Goods are bought by sample as well as description
  The seller sells the goods by making fraud and the buyer believes it.