Mary and Prashant Bakshi want to buy a hotel. It would provide them with a place to live, and instead of recruiting employees, they could hire family members to help run their business. The Bakshis have just graduated from college, and they haven't saved much money. Fortunately, they can call upon plenty of family and friends for financial assistance. Once they launch their new hotel, the Bakshis also plan to trade free hotel stays to suppliers in exchange for goods and services, a source of financing a new enterprise known as a(n) ________ arrangement.
A) matching
B) self-financing
C) venture
D) angel
E) barter
Correct Answer:
Verified
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