Critical Thinking Brain

Invitation to treat, auctions, how to avoid price gouging laws


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Massive shortages and price controls coming

Review contract law

Invitation to treat

Auctions

Massive inflation, producing a lot less stuff, but with more money being printed, it causes price spikes and shortages. Gov reaction to price control will make it worse.  Price gouging law is different however than the gov setting prices.

Ebay - no reserved price- cannot be considered price gouging

Technically all price gouging cases should use the invitation to treat concept to fight price gouging allegations, because any advertised price should be argued that it is just that - not a listed price.

https://www.youtube.com/watch?v=pVT_fpz-6KM&ab_channel=AnthonyMarinac

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Critical Thinking BrainBy critical_thinking_brain