The Golden Rule in Business Dealings

QUESTION: A has a mortgage on B's farm, which he forecloses, and C bids it in at the public sheriff's sale and pays the debt, principal and, interest, getting the farm a little less than its value. Should C pay this little less to B?

ANSWER: The Golden Rule would seem to require it, especially if B's failure to pay arose from providential circumstances, such as sickness, or losses by fire or flood, or an unusual scarcity of money at the time of the auction, diminishing the number of bidders and perhaps excluding competition. Many considerations are to be regarded in such a case.

— Steele's Answers pp. 167, 168.