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Real-Life Decision Making

You are a bailiff who works for a repossession agency. Your boss has asked you to look into a debt collection case for him. The subject is Kenny Hong.

This man is notorious for being late with his payments. He bought a brand new Max Power signature edition 4 x 4 truck, fully loaded, but he hasn't made a payment in 300 days.

The dealership wants to get the vehicle back as soon as possible and get this troublemaker out of their hair. This is where you come in.

The dealership hired your bailiff agency's services. They want to repossess the truck before Kenny can make his next payment, but as you find out, this is easier said than done.

You start looking for him by calling his house, his family and his friends, but this all leads to dead ends. You stake out his house, but you have no luck. His house seems to be deserted. The mail and newspapers seem to have gathered in front of his house for days.

From the pieces that you are able to put together, he has been missing for a week. No one seems to know where he is. Another week goes by, and there's still no sign of Hong.

Your boss and the dealership are on your case demanding results, but you have no answers to give them. You are desperate. You've tried everything, but nothing seems to be working.

You are just about to give up when you get a phone call. You hear a feminine voice on the other end of the phone. She asks you if you were the person looking for Kenny Hong.

She asks you why, and you tell her that you are a bailiff and you have to repossess his truck due to some late payments.

She responds by telling you that if you want her to tell you where to find Kenny Hong, it will require a finder's fee.

You do not usually pay for your information, but you're desperate because the dealership is on your boss's case and your boss is demanding to know Hong's whereabouts.

You decide, against your better judgment, to negotiate a finder's fee for your informant. You offer her a very substantial fee for the information. She rejects your offer.

The fee she demands for the information is much too high. You try to negotiate a lower price, but she refuses.

If you don't meet her demands, you might never find Hong. What do you do?

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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.