Relation of Network Marketing with Nominate and Innominate Contracts

Abstract

Marketing is the process of transferring goods from the producer to the consumer. Direct sale is a way of marketing in which individuals face to face with the purchaser sell their products and do not require any definite time or place for this task. Network marketing is a new kind of direct sale in which the individual gets rewards for direct sale of goods, as well as direct or indirect introducing of individuals. The present article seeks to define three foundations for network marketing the jurisprudential study of which enables one to issue the positive rule of the validity of the activity of network marketing and introduce network contracts with which one may undertake network marketing. Applying network marketing to nominate contracts, no room would be left for discussing network marketing within innominate contracts.

Keywords

• network marketing
• nominate contracts
• innominate contracts
• sale
• peace
• reward
• network making contracts