Business Law: Concepts and Theories Caveat Emptor Caveat emptor (Latin term) means “let the buyer beware”. It means the buyer is responsible if the product fails to meet expectations or has some defects. This doctrine places the responsibility on buyers to reasonably examine the product/service before accepting it and take responsibility for its condition. The […]
Law
What is Droit Administration? Principles, Conseil d’État and Drawbacks
What is Droit Administration? Droit Administration is a unique characteristic of the administrative setup of France. According to British Jurist Albert Venn Dicey (4th Feb 1835 – 7th April 1922), the Droit Administrative system is based on the following of two ordinary principles, namely: The government and its every servant possesses special rights, privileges and […]