The direct exchange of goods or services between parties in lieu of monetary payment is known as:
A)barter.
B)switch trading.
C)offset.
D)compensation trading.
E)counterpurchase.

Name: The direct exchange of goods or services between parties in lieu of monetary payment is known as: A)barter. B)switch trading. C)offset. D)compensation trading. E)counterpurchase.
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Question

Quizplus · Accepted Answer

Barter is the direct exchange of goods or services between two parties without the use of money.

The Direct Exchange of Goods or Services Between Parties in Lieu