Note:  Do not rely on this information. It is very old.

Caveat Emptor

Caveat Emptor (let the buyer beware), a maxim of law applicable to a sale of goods and chattels under, or according to, which a vendor is not bound to warrant the goodness of the wares he sells, unless he expressly and in terms does so, or unless he knows them to be otherwise and uses any art to disguise them, and this is so although the price is such as is usually given for a sound commodity. Every statement, however, made by the vendor at the time of sale is a warranty if it appear to have been so intended.