Tullia is self-employed and is having trouble understanding her federal tax forms. She has agreed to bake a four-layer wedding cake for Stephanie if Stephanie, an accountant, will prepare Tullia's tax forms. This is an example of:

Question

Quizplus · Accepted Answer

This is an example of 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. In this case, Tullia is exchanging her service of baking a wedding cake for Stephanie's service of preparing her tax forms.

Tullia Is Self-Employed and Is Having Trouble Understanding Her Federal