Sophia negotiated a contract with Pete under which she would buy his company for $10 million plus the amount of the company’s outstanding debt (approximately $1 million). But when Pete sent a draft of the contract, it stated that the purchase price would be $10 million less the company’s debt.
What is Sophia’s ethical obligation to Pete? Should she tell him about the mistake?
What Life Principles would you apply in this situation? What would Kant say?
Explain what is Sophia’s ethical obligation to Pete and should she tell him about the mistake?
