Companies for customers who exhibit this type of behavior


Amy Smith is a student who plans to attend approximately four professional events a year at her college. Each event necessitates a financial outlay of $100-$200 for a new suit and accessories. After incuring 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 it to the event, and returns it the next week to the store for a full refund on her charge card. For your initial post this week, comment on the ethics exhibited by Amy and possible consequences of her actions on herself, the retailer and the general consumer. Explain how the merchandising company would account for the suits that Amy returns. Your initial post is due Thursday, 7/21 by 11:55PM, with your replies to two of your classmates due by Sunday, 7/24 by 11:55PM. For your reply posts do you agree or disagree with your classmates assessment. Is there anything else you think they should consider? Is there a system you feel could be put in place that would protect companies for customers who exhibit this type of behavior?

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Accounting Basics: Companies for customers who exhibit this type of behavior
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