UTILITY OF HONESTY IN TRADE
DISHONEST TRICKS OF THE PURCHASER
An award winning essay by K.B. Khushalani
9. Do as you wish to be done by.
Every trader is a purchaser and a seller at the same time, and should observe honesty in both the capacities. Unless he is an honest seller, he cannot be an honest buyer and vice versa. He should always keep in mind the maxim 'Do as you wish to be done by '. This will guide him in both the lines, and when he feels that he has satisfied himself according to this test in both the ways, then only can he be called a successfully honest trader.
10. Quick rectification of bonafide mistakes increase confidence.
The trader should be honest in his accounts; if he has perchance committed a mistake in dispatching goods or preparing a bill,he should ,immediately he comes to know of it, correct it without waiting for its being pointed out by the other party. Similarly, if he receives any article extra or discovers a mistake in account to his advantage, he should forthwith point it out to his supplier. Again, if perchance and through mistake, i.e. he has unintentionally charged some one higher rates, he should communicate the fact to that customer and credit the balance to his account or be prepared to remit in cash. All these acts, and specially the last, increase the confidence of his supplier and purchaser, who-repay his goodness by advertising him among others. This-evidently brings him greater profit than he would otherwise have realized, for, in many cases, if he does not himself point it out , the other party does it, and claims the balance as a right..
TO BE CONTINUED...
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