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Profit of Profit

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Profit is intended to obtain a profit or benefit. This purpose is usually linked to an economic activity or entrepreneurship.

Profit is the central motivation of companies in a market economy. Companies invest and use resources in order to sell their products or services at a price greater than the manufacturing cost. That way, they get a profit.

It should be noted that some organizations are nonprofit, even if they bring products to the market. For example, there are entities that offer educational services and charge a price for them. However, its main objective isn't to obtain profitability.

Profit example

Most of the companies we know have a business for profit. For example, commercial airlines, supermarkets, law firms, among others.

But not only companies aim to generate profits. Self-employed workers also offer their services with the aim of obtaining a benefit from it.

The concept of profit motive in Law

Profit in the field of law is understood as the intention of a subject to increase their assets or obtain another benefit through an activity (which may be lawful or not).

That's to say, for the Law the profit spirit is the search of the individual or company to increase its wealth.

It should also be clarified that in criminal law, profit can be considered a subjective element. That's to say, perhaps it's an act that's taken advantage of, in the broad sense of the term. But this doesn't mean that it generates economic profitability.

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