Cellular Vehicle-to-Everything (C-V2X) is a frontier in the evolution of distributed communication introduced in 3GPP release 14 towards advanced use cases. While research efforts continue to optimize the accessible bandwidth for transportation ecosystem, analysis of the network from the application layer perspective is essential prior to deployment, as it can help identify potential issues that end-users may encounter in a dynamic road environment. This emphasizes on assessing the network using application-oriented metrics to evaluate its capacity of providing advanced vehicular services with stringent latency and throughput requirements. C-V2X facilitates advanced applications like autonomous driving and on-the-go transaction services that necessitate consecutive exchange of messages. For such services, the network level metrics fails to capture the edge case service quality as they express an average measure of performance. In this paper, we present an application-oriented analysis of a transaction service built on C-V2X protocol. We analyze different design choices that affects quality of service both from network-oriented and user-centric metrics, and highlight issues regarding packet dissemination from infrastructures for vehicle-to-infrastructure (V2I) based service applications. We also present our study on the impact of batching in disseminating acknowledgement packets (ACK) and its consequences on both the service reliability and network congestion. Our results show that time-sensitive and mission-sensitive vehicular applications should aim for a balance between achieving the mission utility in shortest duration possible while maintaining minimal impact on the system-wide stability.