One issue that comes up repeatedly in the questions and comments we get has to do with the ethics of paying a fair price. One example involves a situation like a yard sale when a buyer recognizes an object as being worth far more than the seller is asking. We think the general rule is that there’s no ethical obligation to pay more. The price was set by the seller, and let’s face it, one of the big attractions of yard sales is the possibility of finding a great bargain. Still, when the price difference is major, we’re inclined to think the fairest approach is to split the difference.
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