Chang is an interior designer who starts his own consulting firm.His friend Rachel is the owner of a coffee shop.Chang decorates Rachel's new coffee shop in exchange for a supply of coffee whenever his clients visit his office.Which of the following sources of funding does this scenario best illustrate?

Question

Quizplus · Accepted Answer

This scenario illustrates bartering, which is a form of trade where goods or services are exchanged directly for other goods or services without using a medium of exchange, such as money. Chang provides interior design services in exchange for coffee supplies, making it a barter transaction.

Chang Is an Interior Designer Who Starts His Own Consulting