Reference no: EM131234001

Trying to Sell Your Audio System

You are trying to sell your audio system (an amplifier and speakers) to raise money for an upcoming trip to overseas. The system works great, and audiophile friend tell you that if he were in the market for this kind of equipment (which he isn't), he'd give you $500 for it. A few days later the first potential buyer comes to see the system. The buyer looks it over and asks a few questions about it. You assure the buyer that the system works well. When asked how much, you tell the buyer that you have already had an offer for $500. The buyer purchases the system for $550.

Justify and explain your decision to lie about having the second offer, and what were the consequences of your decision to lie to the buyer.

• some examples of justifications
• The tactic was unavoidable
• The tactic was harmless
• The tactic will help to avoid negative consequence
• The tactic will produce good consequence
• They had it coming, or they deserve it, or I' m just getting my due
• They were going to do it anyway, so I will do it first
• He started it.
• The tactic is fair or appropriate to the situation