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”
Salt is a crucial ingredient we consume daily, neither from animal products nor from vegetables. The salty taste plays a major role in determining what we find delicious. When restaurant food is overly salty, customers often complain, but if it’s not salty enough, they typically remain silent and don’t revisit after their meal. Salty taste serves as a standard of flavor and is essential for life. Salt must maintain a specific concentration in our blood, known as osmolality, to support our existence. This necessity also explains why we may dislike or spit out food that is excessively salty. Essentially, our reaction to saltiness stems from an instinct for survival. Thus, it goes beyond mere pleasure; it is a critical aspect of our survival. - Joseph’s “just my thoughts”