A reciprocal buying arrangement is known as what?
A) a commercial invoice
B) counter purchase
C) offset
D) packing list
E) switch trading

Question

Quizplus · Accepted Answer

A reciprocal buying arrangement is known as a counter purchase. In counter purchase, two companies agree to purchase goods or services from each other. For example, Company A may agree to purchase a certain amount of raw materials from Company B, and in exchange, Company B will purchase a certain amount of products or services from Company A. This allows both companies to fulfill their needs without having to spend cash or use credit.

A Reciprocal Buying Arrangement Is Known as What