Merchants

Buying and Selling

Oriental buying and selling. This is quite different from purchasing in the West. No fixed price is put upon whatever is to be sold. Ordinarily the buyer must expect to spend from a few minutes to an hour or so to complete a purchase. The merchant begins by asking a high price and the buyer by offering a low price. Then the bargaining continues in ...

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Money and Trade

Payment for goods. Payment is not always in cash or coins for goods purchased. Barter and trade originally took the place money. There was exchange of goods in kind. In early Old Testament times the giving of money took the form of weighing precious metals to be given the seller. Thus "Abraham weighed to Ephron the silver, which he had named in the...

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