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EXCHANGE.
1. Exchange is the process of obtaining a desired product from someone by offering something in return. It is also calledbarter
2. Barter agreement between two parties that involves a trade of goods or services of
equal perceived value without any monetary compensation.
TRANSACTION.
1. An agreement between a buyer and a seller to exchange an asset for payment.
2. Agreement, contract, exchange, understanding, or transfer of cash or property that occurs between two or more parties and establishes a legal obligation.
DIFFERENCE BETWEEN EXCHANGE AND TRANSACTION
EXCHANGE
· Give one thing and take back another thing.
· The worth of things does not matter.
· Each party has something that might be of value to the other party.
· Each party is free to accept or reject the exchange offer.
TRANSACTION
· Transaction is to transfer of a tangible thing against cash.
· Transfer of equal value able things or cash.
· Overcharge if possible.
· Transaction involves:
o agreed-upon conditions
o a time of agreement
o and a place of agreement
BY AGENT 47 (UNIVERSITY OF LAHORE)
What else can I help you with?
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.
What is the difference between customer expectation and customer satisfaction?
Customer expectation is the level of quality and/or service wants before the commercial interaction or transaction occurs. While customer satisfaction is how the customer feels after and regarding the interaction or transaction.
What is a solicited transaction?
it is any activity of transaction that involves money between two people
The difference between B2B and B2C?
On the Internet, B2B (business-to-business), also known as e-biz, is the exchange of products, services, or information between businesses rather than between businesses and consumers. B2C is (business-to-consumer).
What is a public market transaction?
A public market transaction is a transaction that is made in an organized market.
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.
What are the difference between trade and business?
trade is the exchange of goods or services business is a transaction where goods and services are exchanged so they are the same
Explain the difference between a cash and credit transaction for purchass and sales?
explain the difference between cash and credit transaction
What do you call the exchange of value between two entities?
A transaction.
What is the difference between transaction risk and economic risk?
Transaction is bank risk
What is the difference between a cash transaction and a non cash transaction?
processing a transaction includes involves cash or non transaction and concept of different between two?
What is the Difference between primary and secondary market in transaction as related to flow of fund in transaction?
What is transaction what it contains
Difference between bill of exchange and promissory note?
difference between bill of exchange and promissory note?
Difference between nested and distributed transaction?
·A nested transaction is a transaction that is logically decomposed into a hierarchy of sub transaction. A distributed transaction is logically a flat, indivisible transaction that operates on distributed data.
What is the difference between exchange vs transaction?
Exchange: Act of obtaining a desired object from someone by offering something in return.Transaction:A trade of values between two parties.One party gives X to another party and gets Y in return. Can include cash, credit, or check.
What is the Difference between exchange and serving?
The difference between exchange and serving is that a serving is a predetermined portion of food. An exchange is when you exchange one food for another food of equal nutrients, calories, or price.
What is the difference between the australian stock exchange and the american stock exchange?
The difference between that Australian stock exchange and the American stock exchange is that they are based out of two different countries: Australia and America.
