Question

You contact Samuel and ask him if he will come clean out your drain line and in exchange you will make him a delicious roast beef dinner. He agrees to the exchange of these two assets. What type of system have you used in this transaction?

Answer 1

Answer: Barter system

Explanation:

Barter (derived from baretor) is a system of exchange where participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money.