The story "The Boy and the Wolf" revolves around fear and negotiation. The boy hides behind a haystack in fright when he encounters a wolf. He pleads with the wolf not to eat him and proposes a deal - if he can tell three true things, the wolf will let him go. The boy cleverly uses his words to convince the wolf that it is in his best interest to spare him. In the end, honesty prevails as both parties agree on their respective viewpoints. This story teaches us about facing our fears and the power of truth.