Reciprocal transfers where both parties give and receive something of value are
A) Donated supplies and materials.
B) Unconditional promises to give.
C) Endowment transactions.
D) Exchange transactions.
E) Required contributions.

Question

Quizplus · Accepted Answer

Reciprocal transfers where both parties give and receive something of value are known as exchange transactions, where both parties gain something from the transaction. The other options given do not involve a give-and-take relationship between two parties.

Reciprocal Transfers Where Both Parties Give and Receive Something of Value