Ralph Shumaker wrote:
So you're telling me that if you find a Rembrandt at a yard sale for $5
bucks, that you will either give the seller what it's really worth or at
least inform him? I doubt that. I'd bet that you would happily take
advantage of his ignorance, pay him the $5, and be proud of yourself as
you head off to auction.
You say more about your own ethics than that of others ...
I'm not sure how I would react. It would probably depend upon my
opinion of the seller and the relative value.
Making a couple hundred dollars probably qualifies as smart business
deal. Making a couple hundred thousand dollars probably qualifies as
taking unfair advantage.
While I might not give him "fair market value", I might actually split
the proceeds if it was large enough.
-a
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