It's a simple question, but plenty of people get confused by this single one. There's a big difference between outsourcing your link building and buying links. One is a simple exchange of cash for particular links. It's a straightforward transaction - you pay for a particular link; that's all it is. It does not mean that there aren't many different types of links you can buy - there are.
Link buying is generally a bit pretty standard transaction. In most cases, you are renting text links from websites, but you could also be buying reviews or sponsoring a website theme also. The key is that you are making an out-and-out purchase in this way. There is a cash transaction specifically for the link itself.
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