Steven, who is Wesley's guardian, convinces Wesley to buy a certain parcel of land owned by Steven's brother-in-law at a price greatly inflated from the market value of the property. Steven convinces Wesley that he is getting a great deal. If Wesley sued to rescind the contract, his best argument for lack of mutual assent would be:

Many potential buyers value high-quality used cars at the full-information market price of € p1 and lemons at € p2. a limited number of potential sellers value high-quality cars at € v1 ≤ p1 and lemons at € v2 ≤ p2. everyone is risk neutral. the share of lemons among all the used cars that might be potentially sold is € θ . suppose that the buyers incur a transaction cost of $200 to purchase a car. this transaction cost is the value of their time to find a car. what is the equilibrium? is it possible that no cars are sold