Which of the following is an example of barter?
A)A parent gives a teenager a R100 note in exchange for her babysitting services.
B)A homeowner gives an exterminator a cheque for R500 in exchange for extermination services.
C)A barber gives a plumber a haircut in exchange for the plumber fixing the barber's leaky tap.
D)All of the above are examples of barter.

Question

Quizplus · Accepted Answer

Barter is the exchange of goods or services without the use of money. In option A, money was used as a medium of exchange, so it is not an example of barter. In option B, a cheque (which represents money) was used, so it is also not an example of barter. Option C is the only example where services were exchanged without the use of money or a medium of exchange, making it the best choice for an example of barter.

Which of the Following Is an Example of Barter