Chapter 17 - 17: Final Sale_1
Chapter 17: Final Sale_1
Translator: 549690339
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“Spot goods refer to items that can be exchanged on the spot, while futures are items to be exchanged on a specified date. Old Brother Qian, didn’t you mention that you need to adjust your inventory, and only able to have the exchange after ten days?” Wang Shouzhe casually explained to him.
“Makes sense. With Brother Shouzhe’s explanations, I can now understand the difference,” responded Principal Qian, his spirits lifting. He gave his eyes a roll and said in a low voice, “Brother Shouzhe, if I’m not mistaken, these 5,000 bags of Insecticide Powder are not from your own inventory, did you find a new business opportunity?”
“Haha, well if Old Brother Qian called it a new business opportunity…” Wang Shouzhe sipped his tea with a grin, “I just help your company clear out its inventory, and I can even make a small profit from it. It’s a win-win situation. Old Brother Qian, name your honest price.”
“Hahaha, a win-win situation, Brother Shouzhe’s suggestion is really interesting. I won’t pry anymore. In this case, I’ll give you a 10% discount for these 5,000 bags of Insecticide Powder, a total of 4,500 Qian Gold.”
“Four thousand!”
“4,200 is the lowest I can go, Brother.”
“4,200 it is, but I intend to make the payment for these goods using the credibility of the Ping’an Wang Family,” Wang Shouzhe said it calmly, “I will pay the 4,200 Qian Gold in full a month from now.”
Principal Qian was momentarily startled, but quickly smiled and said, “This works, but we need to have a contract in place. If you’re unable to make the payment then, our company will have the right to take any steps necessary to collect.”
Even though the Wang family had seen a decline, they were still a Profound Martial prominent family. They had some assets left. Just selling the Fenggu Farm alone would bring in at least ten thousand Qian Gold. As long as a contract was in place, the Qian Family, with their vast resources, would have numerous ways to collect on this debt.