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Retailers, Manufacturers, ePay, AudiogoN, Paypal or whatever. Buying and selling advice.

It's a Contract

All too often, an individual selling to, or buying from, another individual is treated by one or the other as a handshake and a person-to-person deal.

Superficially, that's the way it might look, but the reality is that it's a business contract. As such, business law applies.

Back in college, one of the smartest things I did was to take a class called Introduction to Business Law. I still have the book, which is about 3 inches thick. Fascinating stuff.

Bottom line: Document, document, document. Every time. And in this environment of mailing stuff to whoever wherever, I'll add: Packing, insurance, tracking, delivery signature. This ain't rocket science, but many people take a cavalier attitude toward person-to-person business transactions, sometimes to their dismay and cost.

Not to be political, but Donald Trump said: "It's not personal, it's just business". Spot on. And that's actually part of the beauty of buying and selling - there are laws. That makes it much simpler than interpersonal relationships.

:)


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  • It's a Contract - Inmate51 09:13:11 09/29/16 (0)

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