Amy Martin is a student who plans to attend approximately four professional events a year at her college. Each event necessitates a financial outlay of $100 to $200 for a suit and accessories. After incurring a major hit to her savings for the first event, Amy developed a different approach. She buys the suit on credit the week before the event, wears to the event and returns it the next week to the store for a full refund on her charge card.
Required Questions:
- What is your thoughts/comments on the ethics exhibited by Amy and possible consequences of her actions?
- How does the merchandising company accounts for the suits that Amy returns?
Sample Solution