This case is an ethical choice: As a potential buyer to respond when a homeowner quoted price that the buyer knows, well below market value? The case describes a private transaction in which the prospective seller fully competent mentally, but apparently not aware of the current market prices. The buyer can agree on the price (or even counter to bottom) without taking any financial risks, because he or she could get the guarantees good title, no environmental problems, and so on. "Hide
by Michael A. Wheeler Source: Harvard Business School 2 pages. Publication Date: November 5, 2001. Prod. #: 902104-PDF-ENG
