Joe kept supplying Bill with umbrellas and Bill would sell them. Bill would then pay Joe for the umbrellas and keep a fair amount for himself as his commission. As time went on, both companies grew and grew because customers liked them. Joe and Bill became so busy they didn’t have time to talk to each other, so they hired people to do that. One day, Joe’s accountant told him that, in his opinion, Bill was making too much money selling Joe’s umbrellas. “Without our umbrellas, Bill’s Outerwear would be nothing,” he said. His suggestion was to reduce Bill’s commission. Joe, remembering Bill was his partner, said, “I’m a man of my word; I can’t change our agreement.” The accountant replied that things have changed and from what he researched, Joe paid Bill more than the average commission in their industry. The accountant had an idea, “Let’s leave the commission the same but raise the prices for our umbrellas so that we can make more money.” Joe agreed. 7

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