What does the ‘TRANSACTIONAL THEORY OF COMMUNICATION’ mean to you.

This is for the class fundamentals of speech by the way. Only one page needed.

The assignment for everyone follows:
What does the ‘TRANSACTIONAL THEORY OF COMMUNICATION’ mean to you. You may google any source you wish. (there are thousands) You need to type and print your assignment using one half to one page. Hint…this theory has a lot of cute diagrams and line drawings which may be of interest to you and may actually help you with the terminology. As I mentioned in class, there are at least a dozen terms in this theory that will be very useful for you to know, especially since they will also be on the first test.