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To: Skeeter Bug who wrote (116002)8/8/2001 1:20:58 AM
From: JRI  Respond to of 436258
 
Skeet...how 'bout when those same articles mix up revenue and profit/earnings....as if they are interchangeable terms-lol



To: Skeeter Bug who wrote (116002)8/8/2001 9:36:57 AM
From: Jurgen  Respond to of 436258
 
<<<since caveat emptor has been all but unknown....>>>

i'm probably the only one but i had to look it up...

From ENCYCLOPÆDIA BRITANNICA

caveat emptor
(Latin: "let the buyer beware"), in the law of commercial transactions, principle that the buyer purchases at his own risk in the absence of an express warranty in the contract.

As a maxim of the early common law, the rule was well suited to buying and selling carried on in the open marketplace or among close neighbours. The increasing complexity of modern commerce has placed the buyer at a disadvantage. He is forced to rely more and more upon the skill, judgment, and honesty of the seller and manufacturer.