Sunday, April 12, 2009

Free Markets (4) - Delivery

The operators of market will specify the rules for payment and delivery after offers have been accepted. These will vary according to the type of market.

  1. Cash on delivery
  2. Twenty percent when the hammer falls and the balance within a week.
  3. No cheques
  4. Cash and credit card only.
  5. Free delivery within twenty kilometres
  6. Account balances settled at the end of the trading day.
If people do not like the rules applying in a market, they do need to participate in it. They are free to go to a different market or buy and sell or barter outside a market.

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