This document defines buyers and sellers. Buyers are individuals or organizations that agree to purchase finished goods and services as specified or manufacturers that obtain raw materials for production. Sellers are individuals or groups that transfer ownership of goods or services to buyers in exchange for money, such as vendors, merchants, and suppliers. Both buyers and sellers engage in commercial transactions where goods or services are exchanged for money.
This document defines buyers and sellers. Buyers are individuals or organizations that agree to purchase finished goods and services as specified or manufacturers that obtain raw materials for production. Sellers are individuals or groups that transfer ownership of goods or services to buyers in exchange for money, such as vendors, merchants, and suppliers. Both buyers and sellers engage in commercial transactions where goods or services are exchanged for money.
This document defines buyers and sellers. Buyers are individuals or organizations that agree to purchase finished goods and services as specified or manufacturers that obtain raw materials for production. Sellers are individuals or groups that transfer ownership of goods or services to buyers in exchange for money, such as vendors, merchants, and suppliers. Both buyers and sellers engage in commercial transactions where goods or services are exchanged for money.
This document defines buyers and sellers. Buyers are individuals or organizations that agree to purchase finished goods and services as specified or manufacturers that obtain raw materials for production. Sellers are individuals or groups that transfer ownership of goods or services to buyers in exchange for money, such as vendors, merchants, and suppliers. Both buyers and sellers engage in commercial transactions where goods or services are exchanged for money.
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Identifying Buyers and Sellers
Buyer
• Persons or organizations who agree to purchase the
finished products or services presented with the prescribed or correct features. • Persons or organizations that purchase materials from suppliers for products and services. • Manufactures who purchase raw materials needed for production.
Seller
• Persons or group of persons who transfer goods and services
to the buyers, in exchange for money. • Persons who offer things to buyers in return of something which most of the time is money. • Vendors creditors, dealers, merchants and suppliers who dispose things in return for money • Directions: Using the Venn Diagram. Choose the correct meaning inside the box and identify if it is Buyer or Seller and write its similarities.
v v
Buyer Seller 1. Persons who agree to purchase finished products or services buyers 2. A person that sells a product
