The exchange of goods between two parties without the use of any currency as a medium of exchange is called factoring.

Name: The exchange of goods between two parties without the use of any currency as a medium of exchange is called factoring.
Brand: Quizplus
Rating: 4.7 (54 reviews)

Question

Quizplus · Accepted Answer

The exchange of goods between two parties without the use of currency as a medium of exchange is called barter. Factoring is a financial transaction where a company sells its accounts receivable (invoices) to a third party at a discount to raise cash.

The Exchange of Goods Between Two Parties Without the Use