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 Do You Mean? What Do You Mean? "What Do You Mean?" is a song recorded by Canadian singer Justin Bieber for his fourth studio album "Purpose" (2015). The song was released on August 28, 2015, as the album's lead single by Def Jam. Written by Bieber, Jason "Poo Bear" Boyd and Mason Levy, the song was produced by MdL and co-produced by Bieber. "What Do You Mean?" is a pop and tropical house song, with its instrumentation consisting in light flourishes of panpipes, looped vocal samples, piano chords, fervent synths, bass and "slick beat" elements with the sound of a clock ticking, while