For an Exchange to Take Place

question 139

Multiple Choice

For an exchange to take place:

• A) there must be at least two parties
• B) money must be present
• C) each party must feel obligated to accept the offer
• D) at least one person must have something of value
• E) communication must not occur

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Definitions:

Relevant Columns

Important or pertinent columns in a database or spreadsheet that are significant to a particular analysis or task.

Positive Land Rent

The income received by landowners for the use of their land, typically due to the land's desirable location or fertility, which generates a return above the minimum needed to bring the land into production.

Values

The importance or worth that people attach to different things, ranging from material goods to principles and ethical standards.

Acres

A measurement unit used primarily in the United States, equal to 43,560 square feet, often used to describe the size of land.