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Just my thoughts #0571

A ‘transaction’ is an act of debt between parties. The seller owes goods to the buyer (performance debt), and the buyer owes money to the seller (monetary debt). A transaction is considered complete when the debt is settled and the promise to owe each other is called a ‘contract.’ Thus, a good trader or businessman excels at making and repaying debts. When it comes to debt, the type of debt matters. Anyone who misjudges this should not engage in business. - Joseph’s “just my thoughts”
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Just my thoughts #0185

Consider your state before speaking. This is because, no matter how much you consider others first, you will inevitably experience distortions in communication. As a result, the efficiency of delivering the truth is significantly reduced.


- Joseph’s “just my thoughts”




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