Buying and Selling in the Equine Industry.
Although the horse market fluctuates from year to year and breed to.
breed, purchasers today are investing substantial amounts of money in their.
horses, whether for breeding, pleasure riding, or competitive pursuits. .
Purchasers often deal with sellers whom they know or have worked with.
before. Regardless of how well a purchaser may know a seller, a buyer must.
always be on guard to avoid the disappointing and costly discovery that a.
newly purchased "World Champion prospect" is nothing more than an.
expensive reminder of a poor purchase decision. The reason for this is that.
the horse industry is very competitive, and in order for a trainer to.
financially survive he/she must maintain and equal balance of buying and.
selling stock. The problem arises in this industry when the question of.
"what is ethical?" is brought up. How far can we push our moral limits in.
buying and selling livestock? What is the ethical way to buy or sell a horse.
and still get the best deal for the buyer and seller? Who is responsible for a.
sale gone bad? Should the buyer or the seller be responsible for the future.
of the horse? .
The horse world can be a very grueling and competitive place and.
people will sometimes go to vast extremes just to sell a horse. They will lie.
and cheat, cover up and disguise, and bargain and steal all for a big.
commission check. Is this business turning into an immoral aristocracy, or.
are we just playing along in one of Albert Carr's games of poker?.
2.
I believe that business will always be business and sellers will always.
do what they have to do to make their sale. Joseph Betz says that "To live.
together beneficially, we must act decently or morally with one another. .
There is no social, economic, or political institution that can exist if the.
participants in it restrainedly lie, cheat, steal, injure, threaten, or physically.
endanger one another"(Donaldson 40).
