commerce definition

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commerce definition

Postby John » Mon Dec 16, 2013 5:20 pm

What is commerce?
John Abraham
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branch of business

Postby John » Mon Dec 16, 2013 5:21 pm

Commerce is a branch of business. It is concerned with the exchange of goods and services. It includes all those activities, which directly or indirectly facilitate that exchange.
John Abraham
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exchange of item

Postby John » Mon Dec 16, 2013 5:22 pm

Commerce is the exchange of items of value between persons or companies. Any exchange of money for a product, service or information is considered a transaction of commerce. The trading of items for other items also is included in the definition of commerce.
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