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”
Humans reveal their values through choices amidst contradictions. When people experience anger, they tend to prioritize the reasons behind that emotion; when they feel regret, they recognize what they love about the other person. Essentially, humans display their true character in adverse situations . - Joseph’s “just my thoughts”