Which of the Following Is an Example of Barter

question 2

Multiple Choice

Which of the following is an example of barter?

• A)A parent gives a teenager a $10 bill in exchange for her babysitting services.
• B)A homeowner gives an exterminator a check 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 faucet.
• D)All of the above are examples of barter.

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Definitions:

Competing Business

A company that offers similar goods or services and operates in the same market segment as another business.

Automotive Repair

The process of fixing or maintaining vehicle machinery and systems to ensure its proper functioning.

Majority Vote

A decision rule used in many organizations, under which any motion or proposal is passed or approved if it receives more than half of the votes cast.

Mandatory Retirement

A policy that requires employees to retire at a certain age, often considered as a form of age discrimination.