In mercantile pursuits the business man who gives a letter of recommendation to a friend to enable him to obtain credit from a stranger is regarded as morally responsible for the integrity of his friend and his ability to meet his obligations.
Ulysses S. Grant: “In mercantile pursuits the business man who gives a letter of recommendation to a friend to enable him to obtain credit…”
Editor's note · Context
Grant draws a parallel between business ethics and the moral responsibility of public recommendations.
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