BUYERS AND SELLERS
BUYERS are:
 Persons who agree to purchase the finished
products, goods or things presented to him/her with
the prescribed or correct features.
 Persons or group of person (organization) that
purchases materials from suppliers for products or
services they offer.
 Also manufacturers who purchases raw material
needed for products and services or purchasing
finished products from retailers
Buyers Responsibilities
Here are some responsibilities of buyers in purchasing
goods, products, and services.
1. To obtain quality goods at the lowest and
reasonable costs.
2. To research, write request for bids, propose or
quote for products and services.
3. To evaluate information received.
4. To purchase an agreed amount of stock written for
a certain period of time.
5. Paying an agreed price of what had been
purchased.
SELLERS are:
• Persons or group of persons who transfer goods and
provide services in exchange for money to buyers
• Persons who offers things, properties in return for
other property or most of the time money to buyers
• Vendors, creditors, dealers, merchants and suppliers
who disposes things or real estates in return for
money
Sellers Responsibilities
1. Deliver on time, with proper care, and place of
delivery.
2. Provide warranty for the product sold to the buyer
3. Make business fairly with buyers.
BUYERS AND SELLERS
BUYERS are:
 Persons who agree to purchase the finished
products, goods or things presented to him/her with
the prescribed or correct features.
 Persons or group of person (organization) that
purchases materials from suppliers for products or
services they offer.
 Also manufacturers who purchases raw material
needed for products and services or purchasing
finished products from retailers
Buyers Responsibilities
Here are some responsibilities of buyers in purchasing
goods, products, and services.
1. To obtain quality goods at the lowest and
reasonable costs.
2. To research, write request for bids, propose or
quote for products and services.
3. To evaluate information received.
4. To purchase an agreed amount of stock written for
a certain period of time.
5. Paying an agreed price of what had been
purchased.
SELLERS are:
• Persons or group of persons who transfer goods and
provide services in exchange for money to buyers
• Persons who offers things, properties in return for
other property or most of the time money to buyers
• Vendors, creditors, dealers, merchants and suppliers
who disposes things or real estates in return for
money
Sellers Responsibilities
1. Deliver on time, with proper care, and place of
delivery.
2. Provide warranty for the product sold to the buyer
3. Make business fairly with buyers.
BUYERS AND SELLERS
BUYERS are:
 Persons who agree to purchase the finished
products, goods or things presented to him/her with
the prescribed or correct features.
 Persons or group of person (organization) that
purchases materials from suppliers for products or
services they offer.
 Also manufacturers who purchases raw material
needed for products and services or purchasing
finished products from retailers
Buyers Responsibilities
Here are some responsibilities of buyers in purchasing
goods, products, and services.
1. To obtain quality goods at the lowest and
reasonable costs.
2. To research, write request for bids, propose or
quote for products and services.
3. To evaluate information received.
4. To purchase an agreed amount of stock written for
a certain period of time.
5. Paying an agreed price of what had been
purchased.
SELLERS are:
• Persons or group of persons who transfer goods and
provide services in exchange for money to buyers
• Persons who offers things, properties in return for
other property or most of the time money to buyers
• Vendors, creditors, dealers, merchants and suppliers
who disposes things or real estates in return for
money
Sellers Responsibilities
1. Deliver on time, with proper care, and place of
delivery.
2. Provide warranty for the product sold to the buyer
3. Make business fairly with buyers.