What is the difference between Caveat Emptor and Caveat Venditor?

Caveat emptor puts the duty on the buyer to inspect goods before purchase; ignoring it makes the buyer bear the risk.

Caveat venditor requires the seller to disclose defects and avoid false statements; concealment makes the seller liable. 

Law favors seller disclosure and fair dealing. Simply: buyer must check, seller must not hide.

Example: skipping inspection → buyer risk; hiding defect → seller liability.