identify and briefly describe the two types of deal structures when booking a show at a venue. which one is primarily used by government owned and operated venues and why?

Respuesta :

A 100% advance payment arrangement requires the party booking the performance to make the full price beforehand. Partial payment upfront and partial after the show.

Payment occurs when one party (such as an individual or business) freely exchanges money, its equivalent, or other valuables in exchange for another party's goods, services, or to fulfill a legal obligation. The sender of the money is referred to as the "payer," while the recipient is referred to as the "payee."

Cash, cheques, debit, credit, or bank transfers—whether made through mobile payments or another method—as well as the transfer of anything of value, such as stock, and bartering—the practice of exchanging one good or service for another—can all be used to make payments.

Although the payee is in theory free to select the payment method they will use, most regulations often require the payer to accept the legal tender of the country up to a certain maximum.

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