Non-Qualifying Goods, Services, and Entities

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Introduction

There are certain goods, services, and entities that may be legal but are not qualify/eligible for spending for some of the following reasons:

  • Does not follow the goals, mission, or vision of GiveReceive.Online LLC

  • Asset-ownership (this program focuses primarily on consumption and not an accumulation of asset by the participant)

  • Risk

  • Liability

  • Litigation

  • Other

Non-Qualified Good, Services, and Entities

Any financial-type instruments (ex. stocks, bonds, IRAs, 401k, mutual funds, options, derivatives, bit coins, etc.)

  • Gold and other precious metals

  • Diamonds, precious stones and gems

  • Rings, Jewelry, Costume jewelry, etc. over $25.00

  • Watches over $25.00 (except Smart watches approved by GiveReceive.Online LLC)

  • Gift, presents

  • Gift cards, credit cards, debit card purchases (except from GiveReceive.Online LLC)

  • Insurance investment-related products

  • Gambling, casinos

  • Beer, liquor, alcohol

  • Cigarettes, cigars, e-cigarettes, and other tobacco products

  • Lotteries

  • Donations

  • Real Estate (except for properties acquired by GiveReceive.Online LLC)

  • Buildings (except for properties acquired by GiveReceive.Online LLC)

  • Mortgage or rent/lease payments (must be approved for properties acquired by GiveReceive.Online LLC)

  • Land, leaseholds (except for properties acquired by GiveReceive.Online LLC)

  • Auto and other vehicles or vehicle loan payments (except approved through GiveReceive.Online LLC)

  • Any item/service that can be considered of value that can be used for speculation

  • Collector items (ex. paintings, antiques, fine arts and visual arts, vehicles, guns, sports cards, etc.)

  • Fire arms, guns, knives, and other dangerous weapons (police, military, and security patrol excluded)

  • Hunting

  • Terrorists and/or criminal organizations and its members identified by all levels of government in the United States of America

  • Individuals, businesses, organizations who support terrorists and/or criminal organizations identified by levels of government in the United States of America

  • Bail (except approved through GiveReceive.Online LLC)

  • Traffic violations (speeding ticket, accidents, parking, etc.) (except approved through GiveReceive.Online LLC)

  • Abortion, abortion clinics, individuals/entities that offer abortion services

  • Illegal drugs and medication

  • Recreational marijuana

  • Cosmetic surgery (unless due to accidents or certain circumstances)

  • Hoarding

  • Automobiles, motorcycles, boats, recreational vehicles (RV) and other vehicles (except approved through GiveReceive.Online LLC)

  • Pornography, prostitution, child slavery, human trafficking, abductions, etc.

  • Other goods and services may be subject to being non-qualifying

Additional Details

  • GiveReceive.Online LLC has the right of refusal to fund any goods, services, and entities that may be identified as a non-qualifying item at its discretion

  • Any funds used for the purpose of the items described in this section must be returned within 30 days and can:

    • Delay continuation of the program until reimbursement is satisfied

    • Result in the suspension or dismissal from the company

  • Any fraudulent, misuse, abuse, and/or theft of any of the programs can result in the suspension or dismissal from participation in the program

  • All goods and services are not to be resold unless authorized by GiveReceive.Online LLC

  • Any goods or services that have not reached its economic life may need to be returned unless certain conditions occur such as:

    • Stolen

    • Damaged due to a catastrophe (ex. hurricane, tornadoes, etc.)

Loopholes

It is true that loopholes may be found in any guideline, it is the expectation of GiveReceive.Online LLC participants will use good judgment in complying with the guidelines

  • The finding of a loophole and the exploitation of that loophole to avoid compliance within the spirit of the guideline will not be considered valid; rather, such incidents will be treated as violations of the guideline

  • To avoid any misunderstanding, use the following rule: If you are not sure that it is allowed, please contact GiveReceive.Online LLC for clarification

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