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When money came into existence, the act of sale and purchase has been separated. Discuss.

Asked by Topperlearning User 24th April 2015, 7:31 AM
Answered by Expert
Answer:

In case of the barter system, the sale and purchase of goods occurs at the same time. Their sale and purchase value also remains equal at that point. A person can purchase or sell goods with cash without selling or purchasing any good at that point, after money came into existence. Thus, the act of purchase and sale has been separated.

Answered by Expert 24th April 2015, 9:31 AM
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