THE BUSINESS TRANSACTION There are various stages in a business transaction, but what is important is that the buyer and the seller must agree on a contract of sale CONTRACT OF SALE The seller agrees to supply a certain number of goods or services at an agreed price and within a time limit MAIN STAGES IN A BUSINESS TRANSACTION REQUESTING INFORMATION GIVING INFORMATION/ MAKING AN OFFER ORDERING SOME GOODS SENDING THE GOODS MAKING PAYMENT REQUESTING INFORMATION ENQUIRY ENQUIRY Layout of a business letter - ENQUIRY HEADING REFERENCES DATE INSIDE ADDRESS ATTENTION LINE SALUTATION SUBJECT LINE BODY OF THE LETTER COMPLIMENTARY CLOSE SIGNATURE SENDER’S POSITION ENCLOSURES HEADING • NAME OF THE FIRM • KIND OF BUSINESS Brown & Pink Ltd Automobile Parts Suppliers • TELEPHONE & FAX NUMBERS TEL. +44-O1-220-3915 FAX +44-01-220-6731 • E-MAIL & WEBSITE ADDRESSES www.brownpink.co.uk E-mail:[email protected] REFERENCES They consist of the initials of the person who signs the letter (usually capital letters) and of those of the typist ( usually small letters). In some cases other letters and numbers are added for filing purposes. Your ref: RW/cl Our ref: JL/ts DATE • It usually follows the order: day, month, year • English style:12th December 2002 • American style: December 12th 2002 • Write out the month fully to avoid misunderstandings ! (e.g. March and not a number e.g. 3 )