In a(n) _______________, no third party is involved to carry out the transaction.
A) clearing agreement
B) offset
C) buyback arrangement
D) switch trading
E) simple barter

Question

Quizplus · Accepted Answer

In a simple barter, there is no involvement of a third party to carry out the transaction. The two parties directly exchange goods or services without involving any intermediary. The other options involve some form of intermediary or third party. Clearing agreement involves a clearinghouse to settle transactions, offset involves the use of a counter trade to offset an initial transaction, buyback arrangement involves a company repurchasing its own shares from investors, and switch trading involves a third party facilitating a trade between two parties by taking the opposite position in the transaction.

In A(n) _______________, No Third Party Is Involved to Carry