Accountancy, asked by sukhwinde10, 9 months ago

there are at least ......... parties involved in every transaction ​

Answers

Answered by Bhumiraghav
11
Any business transaction will involve at least two parties. One can not do the transaction with himself. One party may be receiver and another will be give
Answered by orangesquirrel
2

There are at least two parties involved in every transaction.

  • A business deal would involve at least two parties, a buyer and a seller.
  • There can also be third party transactions in which another person/party other than the buyer and seller gets involved.
  • However, a third party is not directly associated with the buyer or seller.

The buyer and seller decide to have a third party to look into the transactions or deals between both the parties.

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