Non-exchange transactions are transactions in which one party gives or receives value without directly receiving or giving equal value in return.

Name: Non-exchange transactions are transactions in which one party gives or receives value without directly receiving or giving equal value in return.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Non-exchange transactions involve giving or receiving value without necessarily receiving or giving equal value in return. This can include gifts, donations, and other transfers of value.

Non-Exchange Transactions Are Transactions in Which One Party Gives or Receives