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There are some procedures to follow in general, and particularly in business and commerce transactions, which result in a better and more accurate results. In order for readers and students to relate to business studies, this paper aims to illustrate some of the key concepts. Nowadays, the globe is more like a village due to the rapid advancement of technology worldwide and the widespread use of the internet. The items, goods, and services are more readily available, and the dealers are more closely spaced. Nonetheless, national and international laws and regulations continue to hinder the proper distribution of products and services. Letters must be exchanged in large and complex corporate transactions.
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