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”
People with strong interpretive skills receive support from others. Interpretive ability involves i) classifying or grouping phenomena with similar attributes, ii) identifying patterns that share commonalities within the classified groups, and iii) connecting or comparing these patterns with other attribute patterns to gain insights. If the content can be presented in a clear and engaging manner, we will achieve interpretive supremacy among the public. - Joseph’s “just my thoughts”