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What is an arm's length transaction?

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Question ajoutée par HANNA SABA , Team Leader (Administrative Support), including translation, editing, and writing , Deloitte
Date de publication: 2014/02/01
Muhammad Zeeshan
par Muhammad Zeeshan , Fuctional Consultant , A.F.Ferguson(PwC)

According to me,where the customer's and supplier's bargaining power is equal and a transaction is taken place according to the market conditions.

ANGSHUMAN DAS
par ANGSHUMAN DAS , General Manager SCM & Ops , King Global Fz LLC

This is a Procurement relationship with Vendor - seperated by Long distance . Where the only purpose of getting in touch with the vendor is for generic items ( mainly  traders ) who are storing and supporting standard manufactured products . The only purpose to be in touch with the vendor is to sucure the supply of some standard product which would be available ex-stock with them .

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