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In short, it is "commerce"
To buy or sell is predicated on Contract. Buying or selling is irrelevant, but you need:
(1) Offer (I am offering you a 'mug')
(2) Acceptance (I accept on the terms)
(3) Consideration (What the 'acceptor', or buyer gives in exchange for the mug. This can be a service, a promise, or anything in value or money)
(4) Agreement ( The meeting of minds)
A contract will necessary pass on property in goods or services; and certainly in goods, the seller must pass good 'paper title' or ownership to the buyer so that the buyer can become the owner.
If services are agreed for, then the one who buys the services will have a legal personal right against the other for those services whether or not he has already paid for the services (or consideration has passed).
What else can I help you with?
Difference between trade and business?
i think trade is the buying ang selling of products or goods. and business is dealing in any activity to earn profit either by selling or buying ofgoods and services but for the sake of profit.
Commerce that involves businesses buying and selling goods and services to other businesses is called?
It's B2B, not B2C like the other idiot said.
Business and technology dimension of e-commerce?
The e-commerce refers to the buying and selling of goods, products and services via the internet. It is currently the big thing as far as business and technology is concerned.
Is business a adjective?
No, "business" is not an adjective; it is primarily a noun that refers to the activity of buying and selling goods and services. However, it can also be used as an attributive noun in phrases like "business strategy" or "business model," where it functions similarly to an adjective by describing another noun.
What services can Venn Group provide my business?
The Venn Group in a real state business in the United Kingdom. If one needs assistance buying and selling houses, this agency can assist you with these services.
What do you call in economic terms buying and selling of goods?
Demand and Supply. Demand= buying goods and services. Supply=selling goods and services.
The buying and selling of goods is called what?
Trade is the action of buying and selling goods and services. Another word for it is commerce, which is synonymous with trade.
What are the nature of business letter?
business is the buying and selling of goods and services
The buying and selling of goods and services is called what?
This is called commerce.
What is trade and what?
commerce can be define as an act of buying and selling goods n services.
Is trade a noun or verb?
Trade can be both a noun and a verb. As a noun, it refers to the activity of buying, selling, or exchanging goods or services. As a verb, it means to engage in the activity of buying, selling, or exchanging goods or services.
What is the definition of trade?
Trade is the buying and selling of goods and services, for money - or other considerations.
What is commerce and trade?
commerce can be define as an act of buying and selling goods n services.
What is commerce and type of commerce?
Commerce is the distribution production of buying and selling of goods and services
What is The practice of buying and selling goods and services over the Internet known as?
E-commerce
What is The practice of buying and selling goods and services over the internet is known as?
E-commerce
What is commerce and trading?
commerce can be define as an act of buying and selling goods n services.
