We explain what the purchase is and what an act of sale entails. Obligations and rights of the buyer and seller.
What is a purchase?
The purchase refers to the action of obtain or acquire, in exchange for a certain price, a product or service . But the acquired object is also considered a “purchase”, once the act of acquisition has been consummated.
The act of purchase presumes the existence of another party, which is the one who receives the agreed price for the service, that is, the sale. It is obvious that each part needs the existence of the other to fulfill its function which is reflected in the well-known expression “trading”.
It is not easy to establish the origin of purchases in history, but it can be stated that the purchase is linked to the idea of property, which within the framework of legality can only be modified on the basis of a prior agreement.
During the first civilizations there was no purchase, since The system worked through the exchange of goods or barter . Instead of there being a specific buyer and seller, both were on equal terms, giving one thing in exchange for another. With the appearance of reserve units, which in the early days came to satisfy very basic needs associated with objects that could not be easily found in nature, purchasing emerged and expanded.
In this way, based on a consensus, people tried to accumulate objects so that they could later exchange them without necessarily having something else to deliver. Over time, metal coins or paper money appeared and much later electronic money would arrive, simplifying these operations even more.
What is the sale?
As noted, The purchase operation is linked to its counterpart, the sale operation . The legal phenomenon of these operations, which is legally regulated by Commercial Codes, is known as sale and purchase. In this way, the characteristics of this type of agreement and the possible taxes or fees that the State may demand from the parties are clearly specified.
When consummating acts of sale, a series of obligations are generated for each of the parties:
- The seller It undertakes to guarantee useful possession, to preserve the asset until its delivery, and to transmit it along with its legal titles, not delivering anything more or less than what was agreed.
- The buyer. In parallel, it undertakes to pay the price and any interest that may be agreed, and to receive what was promised in the state that was announced.
Companies usually have a Purchasing Department which is responsible for acquiring everything necessary for the company to operate normally. You must make decisions based on price, quality and functionality, and you must store what you buy and then supply it to the area that needs it.
Psychological effects of shopping
Psychologically, it can be said that the act of buying aims to satisfy individual needs . In certain cases, people acquire pathological behavior that leads them to acquire all types of goods, even some that are totally unnecessary or inappropriate.
For these people the purchase works as an “escape valve” against problems of moods or depressionthus entering a vicious circle that can only be solved by making purchases again.
This is called oniomania or compulsive buying, and must be treated psychologically as the addiction that is . It should not be confused with people who respond to fashions or advertising, which are resources of companies to modify or create new needs, but social needs, not derived from an individual addiction.
