Question

In every business transaction, at least _______ parties are involved.

• A. Two
• B. Three
• C. Four
• D. Six

Answer 1

The correct option is A Two

Any business transaction will involve at least two parties. One can not do the transaction with himself. One party may be receiver and another will be give.

For example, XYZ Ltd sold goods to ABC Ltd. In this case, XYZ Ltd is the giver who is transferring the goods and ABC Ltd is the receiver who is accepting the goods.