What does arms length transaction mean?
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The concept of an arm's length transaction assures that both parties in the deal are acting in their own self-interest and are not subject to any pressure or duress from the other party. It also assures third parties that there is no collusion between the buyer and seller.
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HEY..
U R ANSWER....
AN ARMS LENGTH TRANSANCTION INVOLVE TWO INDEPENDENT PARTIES AND EACH ATTEMPTING TO GET THE BEST DEAL POSSIBLE.
IN ARM'S LENGTH TRANSANCTION BOTH PARTIES KNOW THE RETAIL VALUE...
HOPE IT HELPS YOU.....
U R ANSWER....
AN ARMS LENGTH TRANSANCTION INVOLVE TWO INDEPENDENT PARTIES AND EACH ATTEMPTING TO GET THE BEST DEAL POSSIBLE.
IN ARM'S LENGTH TRANSANCTION BOTH PARTIES KNOW THE RETAIL VALUE...
HOPE IT HELPS YOU.....
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