A trade of value between two or more entities in order to gain mutual satisfaction
Answers
Answer:
Barter is an act of trading goods or services between two or more parties without the use of money (or a monetary medium, such as a credit card). In essence, bartering involves the provision of one good or service by one party in return for another good or service from another party.
Answer:
Barter is an act of trading goods or services between two or more parties without the use of money (or a monetary medium, such as a credit card). In essence, bartering involves the provision of one good or service by one party in return for another good or service from another party.
Explanation:
KEY TAKEAWAYS
Bartering is the exchange of goods and services between two or more parties without the use of money.
It is the oldest form of commerce.
Individuals and companies barter goods and services between each other based on equivalent estimates of prices and goods.
The IRS considers bartering to be a form of inco