Jim's wife buys and refinishes furniture, and sells them to shops and at flea markets and online. She is refinishing a table and needs a belt sander, which Jim doesn't own. He knows his neighbor, Frank, owns one, so Jim asks to Frank to loan him the belt sander. Frank does so, as is common among neighbors in the neighborhood.
Jim's wife burns up the motor on the belt sander. Jim tells Frank that his belt sander is ruined, and asks where he got it so he can replace it. So far, so good.
Turns out, the belt sander is a cheap one from Harbor Freight. Cost was probably $20 or $30 or so. It was well-used, but was still serviceable at the time of loaning/ borrowing.
At this point, how does Frank react?
1. Says thanks, waits for new replacement for used sander.
2 Offers to pay half for the replacement of his used sander.
What factors influence your decision?
Jim's wife burns up the motor on the belt sander. Jim tells Frank that his belt sander is ruined, and asks where he got it so he can replace it. So far, so good.
Turns out, the belt sander is a cheap one from Harbor Freight. Cost was probably $20 or $30 or so. It was well-used, but was still serviceable at the time of loaning/ borrowing.
At this point, how does Frank react?
1. Says thanks, waits for new replacement for used sander.
2 Offers to pay half for the replacement of his used sander.
What factors influence your decision?