Based on the fact that Chaim bought a pickup truck for the transportation of equipment to fishing tournaments and for his lawn maintenance business, the purchases can be said to be B2C and B2B respectively.
There are several types of purchases which depend on the nature of the seller and the nature of the buyer of the good or service that is being sold.
There is Business to Customer or B2C which is when a business sells a good or service to a customer who would use it to engage in personal activities that do not have to do with business. This is what Chiam did with the pickup truck for his fishing tournaments.
Then there is Business to Business or B2B which is when a business sells a good or service to another business which would enable to latter business to carry out its business activities. This happens when Chiam bought a trailer to be able to use for his lawn maintenance business.
Find out more business to business purchases at https://brainly.com/question/28257135
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