Has “Caveat Emptor” ever been enough?
Caveat Emptor is the principle that the buyer alone is responsible for checking the quality and suitability of goods before a purchase is made. Caveat Emptor is not enough because it’s doesn’t hold the company responsible for what the company outputs. A company could make a lot of bad products and not feel responsible as long as the company is profiting from the product. Once, the customer realizes the product isn’t high quality; the customer would stop buying the product which in return the company will lose money. For example, a car company offers a test drive to a customer before purchase, using caveat emptor; the car company would put all responsibility on the consumer to find any issues with the vehicle. This isn’t responsible of the company, and may cause the company to lose customers to competitors.