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Questions and Answers
What is a 'sale by installments'?
A sale by installments is a method of selling goods or services where the buyer pays for the item over a period of time, with the cost divided into regular payments.
What is meant by 'exchange sale'?
An exchange sale refers to a type of transaction where goods or services are exchanged for other goods or services, rather than being purchased with money.
Differentiate between 'sale by installments' and 'exchange sale'.
A sale by installments involves paying for goods or services over time in regular installments, while an exchange sale involves exchanging goods or services for other goods or services without using money.
