What Was the Doctrine of Caveat Emptor in Sales or Lease

Multiple Choice

What was the doctrine of caveat emptor in sales or lease contracts?

A) It was a law that balanced risk of loss between seller and buyer.
B) It was a law that stated the risk of loss was on the buyer.
C) It was a law that gave more protection to the buyer in a sales contract.
D) It was a law that stipulated the issue of warrants in sale or lease transactions.