Skip to main content

Posts

Showing posts with the label passing-over

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”

Just my thoughts #0187

“Culture” is a lifestyle that does not naturally accept or object to “reason.” The key is that you don’t pick “reason. ”  However, if someone asks “why?” to the passing-over phenomenon without any doubt, many things are revealed. Cultural products, organizational culture, art, community, and social matters kneel before this question. Ask yourself, “Why?”. - Joseph’s “just my thoughts”