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Original Message
It's a Contract
Posted by Inmate51 on September 29, 2016 at 09:13:11:
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.
:)