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”
White hair is referred to as “gray streaks of hair” when it is sparse on black hair. However, when there is more white hair, it is called “white hair.” Quantity is an essential criterion for distinguishing meaning. When analyzing certain phenomena, quantity significantly influences definitions and meaning; however, it can also overlook other important aspects. Therefore, the meaning of “quantity” should always be considered carefully. - Joseph’s “just my thoughts”