Report Trading for less than value in Ethics Posted April 6, 2013 Thank you for that John Allison link, Nicky. I found it to be very helpful in answering my question! By the way, I do not like emotional arguments, like calling intellectualammo a "scumbag." I find it much more useful/convincing to elaborate on why it is wrong: In objectivism, an act is wrong if it is self-destructive. Nicky mentions that being deceitful is self-destructive because "people will learn to avoid your business." Also, Nicky's link mentions that honesty is the foundation to human relationships and that it should be a person's goal to improve their personal values. Therefore, even if other people would never learn about this specific transaction, it would be immoral because "Person A" would be acting self-destructively in the long-term by tainting his/her own personality. Lying can easily become a habit, which would make it difficult to build benefitial human relationships.