1. The document outlines the steps and components involved in transacting a unit transaction, including pre-reading activities, reading, post-reading discourse construction, editing, and transaction of textual exercises.
2. It provides details on each step, such as interacting with pictures, asking questions before and after reading, writing and refining discourses, and editing for content, syntax, and conventions.
3. The transaction approach aims to involve sharing ideas, giving input, embedding language in context, maintaining rapport with learners, and providing feedback to move learning forward.