NickO
1726
Thanks to everyone who responded, especially those who gave a definitive percentage answer
Jan 10, 2020,11:24 AM
Reasonable can be defined as "Fair, Sensible, and Moderate". These are all subjective terms. What I was attempting to elicit from my question was - all other things being equal - how far away from an objective data point - $50,000 in this case - does one need to go and still be deemed Fair, Sensible and Moderate? I understand why many people interpreted the question as "What's a reasonable price for the watch?" when what I was getting at was not the buyer's perspective, but the seller's who, in my example, thought his asking price was fair and market-driven to begin with. Perhaps I should have stated that extra clause but I intentionally did not.
Let's see if we can make this a little more concrete: The Speeding limit on a road is 50mph. You have been told that the police will not pull you over if you are driving within a reasonable difference of the speed limit. That's it, you're actually on the road right now, so you can't ask any questions, and you'd like to reach your destination in as timely a manner as possible.
Question: what's the fastest you would drive?
What makes this question interesting to me is if you need twenty clauses or conditions to be stated before you can confidently answer what you deem to be "reasonable" than what bloody use is the concept "reasonable" to begin with? And that's what I was trying to discern from my initial question
NickO