Some people say we all have a moral obligation to separate fools from their money. That is nonsense of course. But how far would you go to protect a fool from losing his money? Especially if you are the person who he could be losing it to?

This is not the type of post that ends with some good advice. I have no idea what the answer is. Maybe you do have a clear idea about your moral obligations as an entrepreneur or maybe it will lead to an interesting discussion.

The reason I’m asking the question is because a fellow entrepreneur recently did an amazingly good deal. A company offered him a proposal for a partnership which contained an error. The error was very advantageous to him and he felt he had (a moral obligation?) to tell them about it. So he drafted a counter proposal which was more fair, to both of them.

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