Which of the Following Is Not True About Barter

question 78

Multiple Choice

Which of the following is not true about barter?

• A)It involves the direct exchange of one good or service for another.
• B)It is more likely to occur if people lose faith in a nation's currency.
• C)It is considered to be less efficient than the use of money.
• D)It allows people to obtain more goods than they would under a money payment system.

---

Definitions:

Shareholder Interest

Refers to the stakes or investments that shareholders have in a company, encompassing financial gains, company governance, and decision-making influence.

Creditors Of Partnership

Individuals or entities that a partnership owes money to.

Sole Owners

Individuals or entities that are the exclusive legal proprietors of a business, property, or any asset.

Purported Partner

A purported partner is someone who acts as though they are a partner in a business, either intentionally or by implication, potentially creating liability as if they were a true partner.