Paypal Gift

[Viper]

could someone enlighten me what paypal gift does and how it differs from normal paypal?

[Liam_]

The recipient doesn't pay any fees for the payment. Although I guess there's a slight risk attached to using gift payments for items - there won't be any assistance through Paypal claims.

[SteveWC]

Gift is there for if you want to do something without a contract.

Anything you purchase, or take ownership of in exchange for money is a contract.

Even buying a chocolate bar at your off licence is a contract, just a verbal one which is implied instead of on paper.

When you select goods and pay, this is the contract you make with the seller, and if the seller breaks his part of the contract and fails to send you the goods, paypal can see there was a contract between you and him and action can be taken again that person for breach of contract.

If you send money as a gift, there is no contract made it is literally giving away money to somebody in exchange for nothing, and as there is no contract paypal can do nothing about it.

Im a business law student so I know these things :y: I bet not many of you knew that everytime you buy something from say a shop, you are entering into and completing a contract even though it isnt on paper.

[SteveWC]

Also this is why if someone asks you to select gift NEVER accept ALWAYS pay using the goods option as there will be nothing you can do about it otherwise!

[AnthonyVTR]

I only send money as a gift if the item is less than a tenner and they're a regular poster.

[SteveWC]

Wouldn't even bother doing that, its just as easy to select goods, the entire process is exactly the same

[b0t13]

id prefer a gift as it means no fees if i was the seller, but its at a risk for the buyer which would be there decision tbh..

[jdizzy]

ive sent payment as a gift loads of times and never had any problems :)

[pr0xibus]

Gift is there for if you want to do something without a contract.

Anything you purchase, or take ownership of in exchange for money is a contract.

Even buying a chocolate bar at your off licence is a contract, just a verbal one which is implied instead of on paper.

When you select goods and pay, this is the contract you make with the seller, and if the seller breaks his part of the contract and fails to send you the goods, paypal can see there was a contract between you and him and action can be taken again that person for breach of contract.

If you send money as a gift, there is no contract made it is literally giving away money to somebody in exchange for nothing, and as there is no contract paypal can do nothing about it.

Im a business law student so I know these things :y: I bet not many of you knew that everytime you buy something from say a shop, you are entering into and completing a contract even though it isnt on paper.

what if you steal something would it still be under contract???

[SteveWC]

Steal? Steal what or how exactly?

You can't sell stolen goods as if even if you have possession of them, you don't have the title or 'property' to them. In order to sell something you must have title to it, in the world of cars its proved you have title to the car through the V5 log book.

EDIT:

If you mean steal something from a shop then it wouldn't be under contract no.

The contract is formed when you goto the counter and you exchange the goods for money. An agreement is formed there and then that title in the goods will pass to you when you have given them the money and the item is then officially yours. If you didn't make a contract, then that item still belongs to them and they have the title

[lighters]

i always select gift as it doesnt incur fees but thats because i always trust the person im sending money too