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When two people agree to make a trade based on the belief that each will be better off this is called?

Involuntary exchange. Or a business transaction.


What is a solicited transaction?

it is any activity of transaction that involves money between two people


What type of relationship has probably been formed if two or more parties agree to combine their efforts for a single business transaction?

A partnership has most likely been formed when two or more parties agree to combine their efforts for a single business transaction. In a partnership, all parties involved share in the profits and risks associated with the transaction.


What is Private Market?

on the private market transaction are directly bitween two parties and can take any form the parties agree to


When does a high five actually occur?

A high five occurs when two or more people have just completed a transaction that they feel they have either gained something from, or that they deemed successful, it may also occur when two or more people agree on something or in cases when they both find something amusing


What are legal transactions?

A legal transaction is a binding agreement by two or more parties. Who, for the sake of preventing a long drawn out process, choose to agree on a set circumstance.


Why do people developed standard measure?

It is so that two people can agree on the quantities that they are talking about.


What costs are the responsibility of the seller in a real estate transaction?

A real estate transaction is negotiated, which means the costs can be split up any way that the parties agree. Typically in the US the negotiation starts with the seller offering to pay commissions for both agents involved in the transaction, but there is nothing that requires this to be the case and the parties can agree to something different if they choose.


What does it mean when two people see eye to eye?

It means that they agree on something.


What does agree to disagree mean?

It means that two people disagree on something and neither person can see the other person's point of view. So the only thing they can agree on is to not agree.


Can two people of different religion be friends?

Of course two people of different religions can be friends, as long as they can agree to disagree on religious matters.


Difference between exchange and transaction?

An exchange is when both sides agree on a swap sort of thing, both sides benefit from the switch. A transaction is goods going from one person to the other.