When he was 57, Neerow won $20 million in a state lottery. Upon receiving a lump sum after-tax payout of $13 million, he went on a spending spree. He had extensive plastic surgery, including a face lift. Then he bought a condominium in Florida, a new car which he soon wrecked, clothes he never even wore, a mink coat for a casual friend, and a large yacht. In the next year, he staged many parties including a wild New Year's Eve party on his yacht for 50 new friends. While pursuing his new lifestyle, Neerow totally neglected his business, which employed 10 people. The business weakened to the point of near bankruptcy. Where Do You Stand? 1. Give the legal rationale as to why Neerow should be allowed to continue to spend his time and financial resources in this seemingly wasteful manner. 2. From society's standpoint, should his wastefulness be stopped? Why or why not