Buyers are persons who agree to purchase finished products or services.

Sellers should not provide warranty for the products that they will sell.

Sellers are persons who transfer foods and provide services in exchange for money.

Sellers should make business fairly with buyers.

Providing warranty to buyers is a right of the sellers.

There are discounts when short-term relationships are established and there is more flexibility in the schedule of payments.

Short-term relationships involve regular purchase based on agreement that had been established for transactions over a longer period of time.

Buyers obtain goods at the lowest and reasonable costs.

Entering into long-term contracts may involve accurate forecast about the future performance and needs of both business

Long-term agreements give the buyers the options to go from one supplier to another for their next purchase