From ac0befc6708d39922382cf9084ddbb3f19c4fb91 Mon Sep 17 00:00:00 2001 From: TheRON Date: Thu, 30 Apr 2026 15:11:40 -0400 Subject: [PATCH] obsolete --- ...-0009-credit-allows-action-without-coin.md | 197 ------------------ 1 file changed, 197 deletions(-) delete mode 100644 docs/training/corpus/Layer_1--Worked_Examples/CORPUS-0009-credit-allows-action-without-coin.md diff --git a/docs/training/corpus/Layer_1--Worked_Examples/CORPUS-0009-credit-allows-action-without-coin.md b/docs/training/corpus/Layer_1--Worked_Examples/CORPUS-0009-credit-allows-action-without-coin.md deleted file mode 100644 index aed174c..0000000 --- a/docs/training/corpus/Layer_1--Worked_Examples/CORPUS-0009-credit-allows-action-without-coin.md +++ /dev/null @@ -1,197 +0,0 @@ -# CORPUS-0009 -## Credit Allows Action Without Coin -### Status: Training Corpus Seed -### Layer: Layer_1--Worked_Examples -### Purpose: Teach that a trader may act without immediate coin when trust, collateral, or reputation allows deferred settlement -### Repository Path: docs/training/corpus/Layer_1--Worked_Examples/CORPUS-0009-credit-allows-action-without-coin.md - ---- - -## 0. Scenario - -A trader in Ostia sees an opportunity to send oil to Capua. - -He does not have enough coin available to buy the oil outright. - -A seller agrees to provide the oil now, with payment due after the Capua sale. - -The trader can act without immediate coin because credit is extended. - -This does not remove cost. - -It changes the timing and risk of settlement. - ---- - -## 1. Known Facts - -| Fact | Value | -|---|---:| -| Origin | Ostia | -| Destination | Capua | -| Good | oil | -| Oil purchase value | 20 asses | -| Immediate coin paid | 0 asses | -| Payment due after sale | 22 asses | -| Movement and handling cost | 6 asses | -| Expected sale price in Capua | 34 asses | - -Expected total cost after settlement: - -```text -seller payment: 22 asses -movement and handling: 6 asses -------------------------------- -total cost: 28 asses -``` - -Expected profit: - -```text -34 - 28 = 6 asses profit -``` - -The trader did not avoid purchase cost. - -He postponed it and paid for the privilege through higher settlement. - ---- - -## 2. Why The Seller Agrees - -The seller may extend credit because: - -- the trader has paid before -- a witness confirms the agreement -- the trader has a respected contact -- the trader pledges future goods -- the seller wants access to the Capua buyer -- the seller has no better immediate buyer - -Credit depends on trust, enforceability, or expected advantage. - ---- - -## 3. First Incorrect Calculation - -A weak model may calculate: - -```text -sale value = 34 asses -movement cost = 6 asses -profit = 28 asses -``` - -This is wrong. - -The oil was not free. - -Payment was deferred. - -The seller must still be paid. - ---- - -## 4. Correct Calculation - -The correct calculation includes the deferred obligation: - -```text -sale value: 34 asses -deferred seller payment: 22 asses -movement and handling: 6 asses --------------------------------- -final result: 6 asses profit -``` - -Credit changes timing. - -It does not erase cost. - ---- - -## 5. Risk Variants - -### Variant A — Sale Succeeds - -The oil sells for 34 asses. - -```text -sale value = 34 asses -total cost = 28 asses -result = 6 asses profit -``` - -The trader pays the seller and preserves trust. - -### Variant B — Price Falls - -The oil sells for only 26 asses. - -```text -sale value = 26 asses -total cost = 28 asses -result = 2 asses loss -``` - -The trader may still owe the seller 22 asses. - -### Variant C — Delayed Payment - -The sale succeeds, but the buyer pays late. - -The trader has profit on paper but cannot settle the seller on time. - -Trust may decline even if the venture is eventually profitable. - ---- - -## 6. Correct Model Behavior - -The model should record: - -```text -coin_stock_initial: low -credit_extended: true -deferred_obligation_created: 22 asses -movement_cost_due: 6 asses -settlement_required_after_sale: true -trust_at_risk: true -``` - -The model should treat credit as action capacity with attached obligation. - ---- - -## 7. Incorrect Model Behavior - -The model should not: - -- treat credit as free goods -- ignore deferred payment -- calculate profit before settlement -- assume credit is available to every actor -- ignore trust if payment is late -- ignore witness, reputation, or collateral -- treat paper profit as liquid coin - ---- - -## 8. Layer-0 Concepts Used - -This example uses: - -- `CORPUS-0003-money-has-purchasing-power` -- `CORPUS-0004-cost-includes-more-than-purchase-price` -- `CORPUS-0005-profit-is-sale-minus-total-cost` -- `CORPUS-0007-information-arrives-unevenly` -- `CORPUS-0009-liquidity-differs-from-wealth` -- `CORPUS-0010-credit-depends-on-trust` -- `CORPUS-0012-every-venture-risks-loss` -- `CORPUS-0020-posture-changes-by-audience` - ---- - -## 9. Success Condition - -If the model sees a trader act without immediate coin and still tracks deferred obligation, trust, settlement timing, and final arithmetic, this file is functioning correctly.