Understanding The Different Types Of Business Transactions: A Legal Perspective
Business transactions are at the heart of every business, and it's important to understand the different types. Business transactions involve two or more parties exchanging something of value, typically money or goods. Business transaction law looks at the legal implications of each type of transaction and how they apply to a variety of business situations.
1. Sales
Sales are one of the most common forms of business transaction, where one party transfers goods or services in exchange for money.