Is There a Paradigm Shift from Application of Caveat Emptor to Caveat Venditor in the Sale of Goods in Ghana? A Comparative Analysis of the Application of the Principle Caveat Emptor
Issue: Vol.3 No.4 April 2022 Article 4 pp. 130-147
DOI : https://doi.org/10.38159/ehass.2022344 | Published online 28th April, 2022.
© 2022 The Author(s). This is an open access article under the CCBY license (http://creativecommons.org/licenses/by/4.0/).
This study seeks to analyse, compare and determine the extent to which various legal jurisdictions have prioritized the protection of buyers in sale of goods contracts. A doctrinal legal research approach was adopted in carrying out the study. The study found that at the end of the 19th century, most legal systems are gradually making statutory attempts as well as judicial pronouncements to prioritize the application of the principle of Caveat venditor over the principle of Caveat emptor. The study, therefore, calls for an amendment of the Sale of Goods Act, 1962 (Act 137) to codify judicial decisions made on these concepts into statutory provisions to meet the requirements of legal validity and the exigencies of time. This would go a long way to boost consumer protection and largely, the socio-economic interests of buyers in Ghana.
Keywords: Sale of goods contract, lex mercatoria, Caveat emptor, Caveat venditor.
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Edmund Nelson Amasah Esq. is a Commercial Law lecturer at the Kwame Nkrumah University of Science and Technology Faculty of Law, Kumasi. He holds a Master of Laws degree from Cambridge University and is a Barrister and Solicitor of the Supreme Court of Ghana. He is an associate of Obeng-Manu Law Firm in Kumasi.
Enoch Kwabena Amoah Esq. is an Assistant Lecturer at the Faculty of Law of Kwame Nkrumah University of Science and Technology, Kumasi, Ghana. He holds a degree in BSc. Biochemistry, LLB, Master of Laws degree and is also a Barrister and Solicitor in the Republic of Ghana. He is an associate of Minkah-Premo & Co. legal firm in Kumasi, Ghana.
Joseph Bondzie Afrifa is a Professional Law course student at the Ghana School of Law, Makola, Accra. He holds a degree in Law (LLB) from the Kwame Nkrumah University of Science and Technology, Kumasi, Ghana.
Amasah E.N., Amoah E.K. & Afrifa J.B., “Is There a Paradigm Shift from Application of Caveat Emptor to Caveat Venditor in the Sale of Goods in Ghana? A Comparative Analysis of the Application of the Principle Caveat Emptor.” E-Journal of Humanities, Arts and Social Sciences 3, no.4 (2022):130-147 https://doi.org/10.38159/ehass.2022344
© 2022 The Author(s). Published and Maintained by Noyam Publishers. This is an open access article under the CCBY license (http://creativecommons.org/licenses/by/4.0/).