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The Chip Board Archive 04

Re: Attempting to Sell something you.......

>>Lets modify that statement a little, there is absolutely nothing wrong with selling something you don't have possession of, as long as you do not represent that you do have possession of it.<<

Lets modify that even further. There is nothing wrong with selling something you don't have possession of, but can make delivery on, and you do not have to let the buyer know that you don't have possession. I have products that I advertise as a wholesaler drop-shipped from the manufacturer direct to my customers. It is a common practice for those whose business includes distribution sales. This practice allows me to sell at a lower cost due to not having to warehouse every item, and shipping charges are only figured into the cost once instead of twice (once to get it to me, then again to get it to my customer.)

While this scenario has nothing to do with the transaction between Andy and the other person, the bottm line is, the seller better be able to deliver.

Bob

Messages In This Thread

Another case of stealing a scan!
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THE AUCTION HAS ENDED WITH........
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Legal ramifications and chip scan questions
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Absolutely right, Peter, Andy's ...
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The law against booby traps goes back ...
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Attempting to Sell something you.......
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Should have read your post before ...
Re: Thanks Jim! (EOM)
Selling what you don't have ...
Clarification ... re ...
Done every day in Real Estate called option. EOM
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