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”
Only ‘things you know wrong’ are considered stereotypes, but ‘things you know for sure’ can also be stereotypes. With knowledge, it is easy to say ‘wrong-RIGHT-words.’ However, there is no “right answer” in the world. There are many ‘answers’ to one problem, and we often have difficulty finding an answer among them. Stereotypes do not discriminate between ‘right’ and ‘wrong.’ Stereotypes, in themselves, only imprison our thoughts. Trapped thinking finds only limited answers. Perhaps you can’t find it forever. - Joseph’s “just my thoughts”