Silk Road forums

Discussion => Philosophy, Economics and Justice => Topic started by: blackfedora on May 30, 2013, 04:03 am

Title: do products in exchange for donations count as purchase
Post by: blackfedora on May 30, 2013, 04:03 am
with the fact that donatee(if thats a word) isn't required to give something back
Title: Re: do products in exchange for donations count as purchase
Post by: Nyaruko on May 30, 2013, 06:07 am
Donor is the word you're looking for & it depends on whether or not you actively intended to gain something out of the donation.
Title: Re: do products in exchange for donations count as purchase
Post by: blackfedora on May 30, 2013, 06:10 pm
u cud possibly set that up, in places where laws on possesion arnt as harsh as sales and purchase, say not a sale, a donation
Title: Re: do products in exchange for donations count as purchase
Post by: Libertas on May 31, 2013, 12:30 am
do products in exchange for donations count as purchase with the fact that donatee(if thats a word) isn't required to give something back

That is essentially what any transaction is, whether on a free market or not; so yes, that would count as a purchase.

You walk into a store and offer to donate $5.00 to the store's cash fund in order to receive a product in return. In a legal sense the advertised price of any product is simply an invitation to treat, meaning an invitation to you to pay X amount for the product in question. The advertised price - being an invitation to treat - is therefore open to a counter-invitation to treat for a lower price etc.

Calling the price paid for a product you receive a "donation" does not change the fact that you are engaging in a trade, namely that you have offered the owner of the product an invitation to treat by stating that you will "donate" (read: 'pay') X amount if he/she will give you the product, or the owner of the product has offered you an invitation to treat if you will "donate" (read: 'pay') X amount for it.

The scenario that you mentioned is the underlying principle of any trade on any market.

Libertas