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Real-Life Decision Making

You've had a report from an agency representing a tenant who has complained about the electrical wiring in his apartment building. The building is very old and the tenant thinks the electrical wiring is faulty. He says he can smell something burning each time he turns on a switch in his apartment. The landlord has refused to look into the problem.

It's a bitterly cold Friday afternoon when you go out to inspect the building. From the outside, you can tell it's an old, obviously poorly maintained and probably badly built house that has been divided up into suites.

Your inspection of the electrical wiring in the apartment building supports your first impression. The wiring breaks just about every rule in the electrical code. It's a miracle this building hasn't burned down already.

You've tried and tried, but you can't reach the landlord to tell him about this problem. The building needs some major electrical work. According to the code, you should shut off the power to the whole building immediately. Unfortunately, it's the tenants, not the landlord, who would be left without heat or light for the weekend, and by the looks of their apartments, they couldn't afford to stay in a hotel.

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.