Caveat emptor as 'information asymmetry'. Defects in the good or service may be hidden from the buyer, and only known to the seller. A common way that information asymmetry between seller and buyer has been addressed is through a legally binding warranty, such as a guarantee of satisfaction. But without such a safeguard in place the ancient rule applies, and the buyer should beware. Under the principle of "caveat emptor", the buyer could not recover damages from the seller for defects on the property that rendered the property unfit for ordinary purposes. The only exception was if the seller actively concealed latent
What You Mean We? What You Mean We? What You Mean We? is the title of a 1986 American made-for-television musical short film starring the performance artist Laurie Anderson, who also wrote and directed the piece. Originally produced as a segment of the PBS arts series "Alive from Off Center", the film runs a little less than a half-hour and is broken into several segments. The film begins with Anderson being interviewed on a faux talk show (the interviewer's voice is provided by Spalding Gray), talking about how her popularity and workload has become too much for one person to handle. So, after speaking