Barter is a type of trade in which goods or services are exchanged for other goods and/or services. Barters are used in societies where no monetary system exists. When there is one, it is also used in economies suffering from a very unstable currency.
Giving a license or permit against cash is not a barter. It is called a bribe.
You should ask yourself: Why would GGV give 50.000 dollars to the Laveist Foundation. Why not give it to turning point, safe haven, an orphanage, any public school or community sports facility as organizations that really need it? The answer: They can't fix work permits. Laveist can and that is why his foundation gets 50.000 and you don't. Hence a bribe. Plain and simple.
Are the prosecutors sleeping?
Barter deal ? You mean bribe.
Anonymous (not verified) | Mon, 2007-03-05 22:34
Barter is a type of trade in which goods or services are exchanged for other goods and/or services. Barters are used in societies where no monetary system exists. When there is one, it is also used in economies suffering from a very unstable currency.
Giving a license or permit against cash is not a barter. It is called a bribe.
You should ask yourself: Why would GGV give 50.000 dollars to the Laveist Foundation. Why not give it to turning point, safe haven, an orphanage, any public school or community sports facility as organizations that really need it? The answer: They can't fix work permits. Laveist can and that is why his foundation gets 50.000 and you don't. Hence a bribe. Plain and simple.
Are the prosecutors sleeping?
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