Which of the Following Is an Example of Barter

question 25

Multiple Choice

Which of the following is an example of barter?

• A) A parent gives a teenager a €10 note in exchange for her babysitting services.
• B) A homeowner gives an exterminator a cheque for €50 in exchange for extermination services.
• C) A barber gives a plumber a haircut in exchange for the plumber fixing the barber's leaky tap.
• D) All of the above are examples of barter.

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Definitions:

Logistical Function

Logistical function involves planning, implementing, and controlling the efficient and effective forward and reverse flow and storage of goods, services, and related information from point of origin to point of consumption.

Hardware Store

A retail establishment selling tools, building materials, and supplies for home improvements, repairs, and maintenance.

Refinishing Table

The process of restoring the surface of a table to its original or new condition through sanding, painting, staining, or applying a protective coating.

Logistical Function

Involves the planning, implementation, and coordination of complex operations such as moving goods from the point of origin to the point of consumption.