Teens Exercise Business Ethics

High school seniors can illustrate their character -- and win $5,000 for college -- by answering a tough ethical question in this essay contest.

Here's a scenario for both parents and high school seniors to consider:

As part of her summer lawn-care business, 17-year-old Jessica mows the lawn for her neighbors, Mr. and Mrs. Lee, for which she is paid $20. The Lees frequently ask Jessica to do other yard work, such as pulling weeds, planting flowers and raking leaves. The Lees have not offered extra wages for the additional work, and Jessica has been too shy to ask. But her other customers do pay her additional wages for extra work.

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Janet Bodnar
Contributor

Janet Bodnar is editor-at-large of Kiplinger's Personal Finance, a position she assumed after retiring as editor of the magazine after eight years at the helm. She is a nationally recognized expert on the subjects of women and money, children's and family finances, and financial literacy. She is the author of two books, Money Smart Women and Raising Money Smart Kids. As editor-at-large, she writes two popular columns for Kiplinger, "Money Smart Women" and "Living in Retirement." Bodnar is a graduate of St. Bonaventure University and is a member of its Board of Trustees. She received her master's degree from Columbia University, where she was also a Knight-Bagehot Fellow in Business and Economics Journalism.