Sunday, November 02, 2008
Caveat emptor
Caveat emptor is in Latin, it is Let the buyer beware in English.
It is easy for those in power, in authority, those with the upper hand or those who have taken the advantage to fling this caveat emptor in the face of those who have placed their trust in the wrong people.
Caveat emptor - my twelve inches !
If caveat emptor is the basis on which matters are to be resolved, then the whole world will come to a standstill. Basically, agreements are made on trust and good faith, usually backed up in writing to aid the memory. Of course those who are not inclined to be fair would word the written form in their favour, with a leeway that events would be administered on a case by case basis. What the heck ? Is this not to say that not everything is to be that rigidly adhered to ?
We all signed agreements; there are so many agreements we have signed that it is difficult to count them. Just to aid the memory, there are agreements we have signed with the stock broker, the banker, the computer people, the insurance company, the employer, the employee, the clubs, the house agent, the contractor, the tailor, the electrician, the plumber, ad nauseum to with just anybody we have business with. If one were to examine some of these agreements one would be shocked to hospitalisation to discover the vulnerability we have put ourselves in. So, what should we do then ? Do not sign ? This is it, how does business go on then ?
The plain fact is that if we cover our backside too much and stick it up, everybody will not be able to shit !
So, caveat emptor, my .... !
Ron
It is easy for those in power, in authority, those with the upper hand or those who have taken the advantage to fling this caveat emptor in the face of those who have placed their trust in the wrong people.
Caveat emptor - my twelve inches !
If caveat emptor is the basis on which matters are to be resolved, then the whole world will come to a standstill. Basically, agreements are made on trust and good faith, usually backed up in writing to aid the memory. Of course those who are not inclined to be fair would word the written form in their favour, with a leeway that events would be administered on a case by case basis. What the heck ? Is this not to say that not everything is to be that rigidly adhered to ?
We all signed agreements; there are so many agreements we have signed that it is difficult to count them. Just to aid the memory, there are agreements we have signed with the stock broker, the banker, the computer people, the insurance company, the employer, the employee, the clubs, the house agent, the contractor, the tailor, the electrician, the plumber, ad nauseum to with just anybody we have business with. If one were to examine some of these agreements one would be shocked to hospitalisation to discover the vulnerability we have put ourselves in. So, what should we do then ? Do not sign ? This is it, how does business go on then ?
The plain fact is that if we cover our backside too much and stick it up, everybody will not be able to shit !
So, caveat emptor, my .... !
Ron
# posted by chunmu @ 10:56 PM 
