Please xplain me related party transactions

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Examples of related party transactions include those between: A parent entity and its subsidiaries Subsidiaries of a common parent An entity and trusts for the benefit of employ...

What is related party transaction?company entering into contracts and arrangements with related party as follows:sale, purchase or supply of any goods or materials,selling or other...

In business, a related party transaction is a transaction which takes place between two parties who hold a pre-existing connection prior to the transaction.