Economic Character

One distinguishing feature of the business is its economic character. In the world of business, we interact with each other not as family members, friends, or neighbors, but as [blank] and [blank] , employers and employees, and the like. Trading, for example, is often [blank] by hard bargaining, in which both sides conceal their full hand and perhaps [blank] in some bluffing. And a [blank] salesperson is well-versed in the art of arousing a customer's attention (sometimes by a bit of puffery) to clinch the sale. Still, there is an "ethics of trading" that prohibits the use of false or deceptive claims and tricks [blank] as "bait-and-switch" advertising.