| Materie: | Appunti |
| Categoria: | Inglese |
| Download: | 257 |
| Data: | 18.04.2005 |
| Numero di pagine: | 1 |
| Formato di file: | .doc (Microsoft Word) |
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Testo
TRADE AND COMMERCE
TRADE: the buying and selling of goods and services.
COMMERCE: is a more general term, it is used to describe trade and all the other business activities and services which make trade possible.
THE CHANNELS OF DISTRIBUTION
THE BUSINESS TRANSACTION
For a business transaction to take place, the buyer and the seller must agree on a contract of sale. The seller undertakes to supply a certain number of goods or services at an agreed quality and price and within a specified time limit. The buyer promises to pay an agreed amount for the goods or services by a certain time.
These are the basic factors or sales terms governing a contract of sale, but the two parties must agree on other sales terms such as means of transport, means of payment, packing, insurance, delivery and documentation.
TYPES OF BUSINESS UNITS
